Free Trial

Russian Fuel Market "Stable": Novak

OIL PRODUCTS

Russia’s fuel market is “stable” according to acting Deputy Prime Minister Alexander Novak.

  • “Our economy, companies and people are fully provided with oil products,” he said.
  • Industry sources have previously reported that the Russian government was considering introducing some easing of rigorous fuel environmental standards in order to allow the usage of low-quality gasoline in the face of possible fuel shortages.
  • It comes against a backdrop of export bans in recent years due to domestic tightness which is exacerbated by persistent Ukrainian attacks on its refining infrastructure in recent months.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.