Russia ready to meet oil producers for talks on market situation

Sochi

RUSSIA, the world's top oil producer, is ready to meet Opec (Organization of the Petroleum Exporting Countries) and non-Opec oil producers to discuss the situation on the global oil markets if such a meeting was called, its energy minister said.

A separate meeting between Russian and Saudi officials was being planned for the end of October, to discuss energy issues and some other projects, Russian Energy Minister Alexander Novak told reporters.

On Friday, Mr Novak's colleague, Russian First Deputy Energy Minister Alexei Texler, had said he was not aware of such meetings and that Russia woul…