In this news, we discuss the Russia’s Novak sees more uncertainty on oil market in winter.
MOSCOW (Reuters) – Russian Energy Minister Alexander Novak said on Monday that the oil market is likely to experience more uncertainty in winter when demand for fuel generally declines.
He also told Rossiya-24 TV station that current oil prices are in line with “the current situation”, while there is a shortage of oil in the market right now at 1 million barrels. of oil per day.
Reporting by Vladimir Soldatkin and Olesya Astakhova; Editing by Chris Reese
Original © Thomson Reuters