Russia: Current Oil Market Deficit Is 1 Million Bpd ...Middle East

OILPRICE - Economy
Russia: Current Oil Market Deficit Is 1 Million Bpd
source : OILPRICE ( Middle East ) () 22
Russia estimates that the global oil market is currently in a deficit of around 1 million barrels per day (bpd), Deputy Prime Minister Alexander Novak said on Wednesday. “There is a deficit on the market of around 1 million bpd and we need to consider how we can meet the growth in demand,” Novak told reporters in Russia, as carried by news agency TASS. Last week, Novak said that the oil market was fairly balanced, with demand slightly exceeding supply. “There is definitely a deficit on the market, that’s why oil stocks from…

Hence then, the article about russia current oil market deficit is 1 million bpd was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia: Current Oil Market Deficit Is 1 Million Bpd )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Cuba’s Energy Crisis Will Worsen Without Venezuelan Oil
OILPRICE - before 4 hours & 58 minute
RoboSense ist die Nummer 1 beim weltweiten 3D-LiDAR-Absatzvolumen für Mähroboter
PR Newswire - before 4 hours & 31 minute
Chinagoods Talk Show Gala Highlights Commerce Through Storytelling and Industry Exchange
PR Newswire - before 11 hour & 54 minute
Oman’s GDP grows by 2% in Q3 2025
SABA NET - before 10 hours & 58 minute
The 16th Launch of Forecasting & Prospects Research Reports on Energy Economy
PR Newswire - before 10 hours & 4 minute
Gemeinsam die Zukunft gestalten .. Huawei veröffentlicht die Top 10 Trends der Ladeinfrastruktur-Branche bis 2026
PR Newswire - before 6 hours
Sunmi reduziert Unordnung und steigert die Geschwindigkeit mit neuem All-in-One-Mobilterminal und Scanner-Drucker
PR Newswire - before 5 hours & 13 minute
MagZipp Brings High-Efficiency AR-15 Magazine Loading System to SHOT Show 2026
PR Newswire - before 7 hours & 15 minute
Will AI kickstart a new age of nuclear power?
UN News - before 9 hours & 37 minute
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
OILPRICE - before 57 minute
White House told CBS to run Trump interview unedited or get sued
Washington Post - before 41 minute


Latest News

White House told CBS to run Trump interview unedited or get sued

before 41 minute

Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil

before 57 minute

El equipo de Mistral y UVision anuncia la selección de HERO-90 para el programa LASSO del ejército de EE. UU.

before 4 hours & 17 minute

RoboSense ist die Nummer 1 beim weltweiten 3D-LiDAR-Absatzvolumen für Mähroboter

before 4 hours & 31 minute

Cuba’s Energy Crisis Will Worsen Without Venezuelan Oil

before 4 hours & 58 minute

Sunmi reduziert Unordnung und steigert die Geschwindigkeit mit neuem All-in-One-Mobilterminal und Scanner-Drucker

before 5 hours & 13 minute

Gemeinsam die Zukunft gestalten .. Huawei veröffentlicht die Top 10 Trends der Ladeinfrastruktur-Branche bis 2026

before 6 hours

Inside Brazil’s Race to Secure Gas Supply

before 6 hours & 59 minute

MagZipp Brings High-Efficiency AR-15 Magazine Loading System to SHOT Show 2026

before 7 hours & 15 minute

Will AI kickstart a new age of nuclear power?

before 9 hours & 37 minute

The 16th Launch of Forecasting & Prospects Research Reports on Energy Economy

before 10 hours & 4 minute

Ethiopia: Trump puts GERD at 'top' of his 'agenda,' offers to restart U.S. mediation in letter to Egypt, CCd to Saudi Arabia

before 10 hours & 44 minute

Oman’s GDP grows by 2% in Q3 2025

before 10 hours & 58 minute

Chinagoods Talk Show Gala Highlights Commerce Through Storytelling and Industry Exchange

before 11 hour & 54 minute

Muscat Stock Exchange Index Rises 97 Points Following Preliminary Financial Results Announcement

before 12 hour & 58 minute