He expressed his opinion on the television channel "Russia 24".
As Novak noted, the scenario for lowering oil prices was expected and calculable.
“Yesterday, we observed a very strong decline in world markets and oil prices. This was primarily due to the news that came out over the weekend by Saudi Aramco, which offered its consumers an additional reduction in prices of $ 6-8 per barrel, ”Novak said.
At the same time, in his opinion, the “panic mood” that was on March 9 is already “somewhat leveled out”, and the market is in a more balanced state.
Earlier, The Wall Street Journal, citing sources, reported that the reduction in oil prices undertaken by Saudi Aramco was aimed at weakening Russia's position in the global market for this energy carrier.
On March 9, oil prices fell 30% amid the collapse of the OPEC + deal. At the opening of international trading, the dollar was more than 74 rubles, the euro - 85 rubles.