Russia’s Novak says OPEC+ countries will gradually restore oil output in May-July

Russian Deputy Prime Minister Alexander Novak added that Russia’s energy ministry was ready to support export curbs on oil products in order to bolster the domestic market
Reuters Monday, 19 April 2021

Russian Deputy Prime Minister Alexander Novak said that the Organization of the Petroleum Exporting Countries (OPEC) and its allies will gradually restore oil output between May and July, the Interfax news agency reported.

Novak added that Russia’s energy ministry was ready to support export curbs on oil products in order to bolster the domestic market.

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