Russia’s Novak Says Oil Market not yet Reached Full Recovery

Parvin Faghfouri Azar December 25, 2021 Oil, Top News Leave a comment 0 Views

Russian Deputy Prime Minister Alexander Novak said oil prices are expected not to change significantly in 2022, and demand would recover to pre-COVID-19 levels in late 2022, Reuters reported.
Mosco plans to produce 540-550 million tons of oil in 2022, Novak said.
He added that oil market has not yet reached fully recovery.

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