Russian President Vladimir Putin has indicated that there is currently no need for OPEC+ to intervene in the oil markets. He acknowledged that the OPEC+ group, which includes Russia, projects rising global oil demand, particularly during the summer months, suggesting the bloc may continue with substantial output increases. Separately, Russian Deputy Prime Minister Alexander Novak emphasized the importance of preventing rapid increases in domestic gasoline prices during the summer and autumn. Novak urged oil companies to promptly restart refineries following repairs to avoid fuel shortages and stabilize the domestic market. These statements highlight Russia's dual focus on managing global oil supply through OPEC+ and maintaining stable fuel prices domestically.
Вице-премьер Александр Новак потребовал не допустить резкого роста цен на бензин в России летом и осенью. По его словам, нефтяники и Минэнерго должны держать руку на пульсе, чтобы избежать дефицита на рынке топлива https://t.co/x2nKaH5aGd https://t.co/qpAsJ1Ce0e
La OPEP+ se enfrenta a su mayor dilema: salvar el precio o salvar el poder. Y ha elegido el camino de la autodestrucción https://t.co/867s0R4cI0
Novak Urges Oil Companies To Quickly Restart Refineries After Repairs