Russian Deputy Prime Minister Alexander Novak said on Thursday he expected no new steps from the OPEC+ group of oil producers at its meeting in Vienna on June 4, Russian media reported, after the group announced a significant output cut earlier this year. Saudi Arabia and other OPEC+ oil producers announced cuts of more than one million barrels per day in April after crude prices in March fell toward $70 a barrel, the lowest in 15 months. Novak said he expected Brent to be above $80 a barrel by the end of the year, the state-owned news agency RIA reported. He said current prices of $75-76 reflected the market's assessment of the global macroeconomic situation. https://busine...Keep on reading: Russia’s Novak does not expect new steps from OPEC+ meeting