Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
Russian Energy Minister Alexander Novak said on Wednesday that the global oil market is now balanced and stable following a sudden decline in demand due to the coronavirus pandemic.
Speaking after a meeting of the OPEC+ group’s Joint Ministerial Monitoring Committee (JMMC), which had recommended an easing of curbs on oil output from August, Novak also said a partial restoration of production would benefit the market.
