Novak: Oil price recovery may take several months


March 10, Fineko/abc.az. Recovery of oil prices will take several months.

The relevant statement was made by Russian Energy Minister Alexander Novak during his speech on television.

Novak noted that cooperation with OPEC is not excluded for ensuring stability in the oil market: "The next meeting between Russia and OPEC is scheduled for May and June."

It is worth noting that the price of Brent crude oil fell to $34.36 per barrel yesterday.