Russia's Novak says talks needed in May to decide OPEC+ next steps

MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Sunday that talks need to be held in May to decide on the future steps of an oil output pact between OPEC members and other major oil exporters known as OPEC+.

Novak's comment was cited in a statement published by the energy ministry of Azerbaijan, ahead of a meeting of OPEC and non-OPEC oil-producing countries scheduled for Monday in Baku.

(Reporting by Nailia Bagirova and Vladimir Soldatkin; Writing by Polina Ivanova; Editing by)

You May Also Be Interested In

• UAE's financial embargo on Iran after missile threat puts rivalry back in spotlight
• US stock futures steady after tech slump; investors focus on Middle East tensions
• Aftershocks rattle Spain's Granada overnight