“I see no reason to convene meetings in May-June, only to demonstrate our failure to take the necessary measures to counter this crisis and the necessary actions,” RIA Novosti quoted him as saying.

Earlier, Russian Energy Minister Alexander Novak, during a meeting on economic issues held by Russian Prime Minister Mikhail Mishustin, spoke about past negotiations to extend the OPEC + deal.

On March 9, oil prices fell more than 30% after the OPEC + meeting, which culminated in Russia's withdrawal from the deal. Later, Brent and WTI crude oil recovered about a third of the collapse during the auction.