Russia favors constructive oil market talks: Reports

A worker stands in front of pump jacks at the Ashalchinskoye oil field, Republic of Tatarstan, Russia. (File photo: Reuters)

Russia wants constructive talks on the situation in the oil market and sees no alternative to dialog, Interfax news agency cited Kremlin spokesman Dmitry Peskov as saying on Sunday.

“Russia was not in favor of terminating the OPEC+ deal. President (Vladimir) Putin and Russia are committed to a constructive negotiation process, which does not have an alternative for stabilizing the international energy market,” Peskov said.

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Last Update: 11:06 KSA 14:06 - GMT 11:06