“Today we have to discuss the results of the agreement execution for November, as well as evaluate the forecasts of market development, taking into account the emerging positive factors that have a positive effect on the current situation.

I mean the certainty with the elections in the United States, stimulating measures in many countries against the spread of coronavirus, the emergence of new vaccines against the disease - all this has a positive effect on the market, "Novak quoted TASS as saying.

Earlier, Russian leader Vladimir Putin, at a meeting on the strategic development of the petrochemical industry, gave a forecast for the demand for oil in the world.