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Home > Headlines > Russia's Novak discusses global oil market situation with OPEC secretary general, government says

Headlines

Russia's Novak discusses global oil market situation with OPEC secretary general, government says

Published by Global Banking and Finance Review

Posted on June 18, 2025

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MOSCOW (Reuters) -Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary General Haitham Al Ghais, the Russian government said in a statement on Wednesday.

"The parties discussed the situation on the global oil market, in particular in connection with the escalation of the conflict in the Middle East, and cooperation between Russia and OPEC both bilaterally and within the framework of the OPEC+ agreement," the government said.

Russia highly appreciates the effectiveness of cooperation within OPEC+, Novak said.

(Reporting by Reuters; Editing by Chris Reese)

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