“I would like to express my gratitude to all the participants in the OPEC ministerial meeting, held on April 9 and 12 this year, for the constructive decisions that were taken, for the joint actions that allowed us to avoid today the serious consequences of the most significant decrease in demand in the world oil market in history ", - quotes RIA Novosti words Novak.

He noted that the implementation of the OPEC + transaction by 100% by all participants is more important today than ever.

Novak also said that global oil demand began to recover amid OPEC +’s deal and the lifting of restrictions, but the market is still fragile.

Earlier it was reported that the draft final communiqué from the OPEC meeting on the extension of the current reduction in oil production was approved by the ministers.