OPEC + to be able to increase oil production, Novak says

OPEC + to be able to increase oil production, Novak says

The OPEC + countries will be able to increase production if necessary, Russian Energy Minister Alexander Novak said.

According to him, this may happen if the demand for oil exceeds supply. "For today, we see an increase in demand in the third or fourth quarter, if this demand exceeds supply, we will decide on increasing the production figures,” he said.

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