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Tuesday 20th March 2018

Global Oil Market is Fairly Balanced: Russia's Novak

Business

7Dnews London

Tue, 23 Jul 2019 10:54 GMT

Russian Energy Minister Alexander Novak on Tuesday, July 23rd said that the global oil market was fairly balanced and that the volatility was not high, the Interfax news agency has reported.

Novak added, "Russia and Belarus are close to agreement on oil transit tariff. We hope there will be a high demand for oil in 2020."

Russia