MOSCOW (Sputnik) — "I think it will not be a long term trend," Gref said a the High School of Economics Day.
On Monday, Russian Energy Minister Alexander Novak and his Saudi counterpart Khalid bin Abdulaziz Al Falih signed a declaration in Hangzhou, China aiming to calm the volatile energy market, which has been rocked by slumping oil prices and a massive production glut.
The agreement provides that the sides will establish a monitoring group to track oil market indexes and to give recommendations on market regulation.
