“Yes, the meeting is over,” TASS quoted him as saying.
The minister added that the UAE supported the proposals voiced by the monitoring committee to reduce oil production. However, he did not specify the details.
Earlier, Russian Energy Minister Alexander Novak said that OPEC + is studying the impact of a decrease in economic activity due to coronavirus on the oil market, it is possible that the market reaction may be just a panic.
In February, a leading expert of the National Energy Security Fund, Igor Yushkov, in an interview with the NSN, commented on the decline in oil prices due to the coronavirus.