Economy

Novak: Russia and Saudi Arabia's Oil Supply Cuts Helped Balance Markets

Novak: Russia and Saudi Arabia's Oil Supply Cuts Helped Balance Markets

Russian Deputy Prime Minister Alexander Novak stated on Wednesday that the "joint reduction of oil supplies from Saudi Arabia and Russia helped achieve balance in global oil markets." Novak, who was speaking to Russia-24 news channel, noted that "Russia's ban on gasoline and diesel exports had a positive impact on the domestic oil market."

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