Markets
Russia's Novak says oil market may reach balance in late 2020-early 2021
- Novak, however, said he does not rule out that the supply and demand balance could be reached quicker, in a month or two.
- Novak said the OPEC+ group may hold an extraordinary meeting.
MOSCOW: Russian Energy Minister Alexander Novak said on Thursday the global oil market may reach a balance by end-2020 or in early 2021.
Novak, however, said he does not rule out that the supply and demand balance could be reached quicker, in a month or two.
Novak said the OPEC+ group may hold an extraordinary meeting if needed ahead of the planned meeting scheduled for December.
Comments
Comments are closed.