Russia's Novak: Global oil market is balanced now ...Middle East

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Russias Novak: Global oil market is balanced now
source : forex live ( Middle East ) () 59
Global oil market is balanced now.Russia's oil processing in 2025 will be higher than in 2024.OPEC+ oil output rise by 100K bpd in April will not affect oil market.Russian refineries are operating normally. Russian market is supplied with oil products.Global oil supply/demand balance will be maintained in April, we will keep an eye on it.Russia sees 2025 oil output at 515m-520m tones.Russia's 2025 refinery runs may see growth. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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