"I think that, in terms of negotiations, this situation will be taken into account," he said in an interview with Russia's state-run Rossiya 24 TV channel.
Novak also said OPEC and non-OPEC countries did not discuss the possibility of a further extension of their output cut deal.
"It has not been discussed yet ... It's premature, the situation on the market may change," he said.
(Reporting by Maria Kiselyova; Writing by Maria Tsvetkova; Editing by Mark Potter)