EconomyNovak: Russia’s fuel market stabilizes as global oil demand recovers
Russian Deputy Prime Minister Alexander Novak said the domestic fuel market was more stable this week as refineries supplied additional volumes and some plants resumed operations. Russia is still importing gasoline, diesel and jet fuel to partly meet domestic demand. Novak said global oil demand is recovering and OPEC+ is not currently considering new voluntary cuts because the market faces a supply deficit.
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TASS★★★☆☆2026-09-02 17:23Original
Novak: Russia’s fuel market stabilizes as global oil demand recovers