Be announced and Russian Energy Minister Alexander Novak, that the Russian government is considering the possibility of reducing oil production in Russia in order to support prices in the global market, saying in a press statement on Friday that the Moscow government has not yet taken a final decision in this regard. Russian experts point out that the Russian Foreign Minister will discuss this issue during his talks with his Saudi counterpart in Moscow, especially since the reduction of oil production will represent one of the main topics during the next meeting of the Organization of "OPEC" in Vienna on 27 November.
It is noteworthy that Russia is a key affected by the decline in world oil prices, which represents the oil and gas revenues in the Russian state budget of about 50%.
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