Russia is open to further cooperation in the oil market with Opec and non-Opec countries, Russian Foreign Minister Sergei Lavrov said on Tuesday at a news conference while on a visit to Abu Dhabi.

Asked whether Russia was open to the idea of a meeting between Opec and non-Opec countries to discuss stabilising oil prices, he replied:

"In the current situation it seems to me we have a common interest in continuing our work in this endeavour, and we are open to further cooperation if there is a desire from everyone to really hold this meeting spoken about by our Venezuelan friends." – Reuters