Russia's Novak says oil market balanced thanks to OPEC+

Reuters11-22 19:00

MOSCOW, Nov 22 (Reuters) - The global oil market is balanced thanks to the actions of OPEC+ countries and compliance with adopted quotas, Russian Deputy Prime Minister Alexander Novak said on Friday following a Russia-OPEC meeting.

OPEC+ countries are taking all necessary decisions to maintain market stability, Novak said after meeting OPEC Secretary General Haitham Al Ghais.

(Reporting by Vladimir Soldatkin and Olesya Astakhova; Editing by Mark Trevelyan)

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