He said that "as a result, an agreement was reached to continue to implement the agreements in full, and appropriate recommendations were given."

“We agreed to meet next time in November, in a month, in order to sum up the results for October and assess the situation that will develop in the winter,” he added.

Earlier, Novak said that "oil will remain the leading source of energy for more than a decade."

In September, Stanislav Mitrakhovich, a leading expert of the National Energy Security Fund and the Financial University under the Government of Russia, in an interview with the Economics Today FBA, assessed the situation on the oil market.