“Today's price around $ 80 objectively reflects the current situation on the market.
Then we'll see what will happen in December-January, "Novak said on the air of the Russia 24 TV channel.
He also announced an OPEC + meeting on December 1.
According to him, during the negotiations, the parties will discuss the current situation, the balance of supply and demand and solutions for January 2022.
Novak had previously predicted a recovery in oil demand by the end of 2022.