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Oil market undergoing rebalance, Novak says

OPEC+ countries have made all the required decisions so far, the Russian deputy prime minister said

BEIJING, December 19. /TASS/. The situation on the global oil market is being rebalancing, Russian Deputy Prime Minister Alexander Novak told reporters.

"The price is now growing a bit, the situation is being more or less rebalancing. One should not say that certain decisions are to be made. We always look at the situation," Novak said.

OPEC+ countries have made all the required decisions so far, the official said. The OPEC+ can fix the date of the next meeting to assess the oil market situation in the near time, he added.

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Alexander Novak OPEC

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