Alexander Novak

Novak: oil market may become balanced in June or July

The global oil market may become balanced at the end of June or in early July, Russian Energy Minister Alexander Novak said in an interview to Rossiya 24 television channel broadcast following a meeting of the OPEC+ Joint Ministerial Monitoring …

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Russia expects global oil market shortage in July

Russian Energy Minister Alexander Novak said that the global oil market could face a shortage of 3-5 million barrels per day (bpd) in July, depending on a deal to be reached by OPEC+ producers. According to the Russian minister, …

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Novak says OPEC+ may take additional measures if needed

Russian Energy Minister Alexander Novak said on Friday that the group of global oil producers known as OPEC+ may take additional measures on oil markets if necessary, Reuters reports. He was talking to Russian state TV Rossiya-24 after …

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Mishustin starts his visit to Kazakhstan

Russian Prime Minister Mikhail Mishustin has started his first foreign visit. He arrived in Kazakhstan late Thursday. The PM will take part in the session of the Eurasian Intergovernmental Council in Almaty and hold …

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