The head of Russian Ministry of Energy Alexander Novak said that the failure of the agreement to freeze oil is guilty of Saudi Arabia and the Gulf countries, RIA “Novosti”. He stated this in an interview with NTV television.
«Now it is probably not a secret: it is Saudi Arabia and several Gulf countries”, – he said, answering the question “who has confused all the cards” .
the Minister also added that the lack of agreement could have a negative impact on prices and the oil market.
«But, nevertheless, we believe that this does not exclude the market mechanisms of price formation “- he said
it became known yesterday that oil producers could not agree on production levels frozen.. The meeting in Qatar, which was attended by the OPEC countries (except Iran), as well as Russia, Kazakhstan, Azerbaijan, Oman and Bahrain, the results did not give.
Later, commenting on the results of the meeting, Russian Energy Minister Alexander Novak said that a number of OPEC countries changed their position on the eve of the talks, and insisted on the participation in the agreement of a wider range of participants.
in this case, the minister said that the lack of agreement on the freezing of oil shall not be problems for Russia.
Follow the drop in oil prices and the exchange rate of the Russian ruble in online, you can see “Quotes».


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