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OIL PRODUCTS: Russian Fuel Market Well Supplied: Novak

OIL PRODUCTS
BulletEnergy BulletsCommodities

There are no supply concerns for the domestic Russian fuel market at present according to the country’s Deputy Prime Minister Alexander Novak.

  • "The market is fully supplied with the necessary volumes of gasoline, diesel fuel. We do not see any situations here that would cause concerns. Now there are enough oil products on the stock exchange and prices at gasoline stations are stable," he said to Interfax.
  • He added that Russia may lift the gasoline export ban if there is a supply surplus. 
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There are no supply concerns for the domestic Russian fuel market at present according to the country’s Deputy Prime Minister Alexander Novak.

  • "The market is fully supplied with the necessary volumes of gasoline, diesel fuel. We do not see any situations here that would cause concerns. Now there are enough oil products on the stock exchange and prices at gasoline stations are stable," he said to Interfax.
  • He added that Russia may lift the gasoline export ban if there is a supply surplus.