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Russian Oil Product Supply "Stable": Officials

OIL PRODUCTS

Russian officials said on Thursday that the oil product supply situation is stable in all regions of Russia according to TASS reports.

  • On the gasoline export ban, Russian Energy Minister Sergei Tsivilev said: "The export ban is imposed as a measure to prevent the growth of prices on the domestic market. This measure is temporary."
  • "There is a stable situation with supplies of oil products on all regions. We're monitoring it. It's difficult, we're addressing it hands-on. But I'm confident that we will manage it," Tsivilev added.

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