Speaking on state television after the OPEC+ group agreed to reduce production by 100 000 barrels per day for October, Novak said the global energy market was characterised by heightened uncertainty at the moment.
“We are not talking about price formation, but about the adequacy of supply on the market, so that on the one hand there is no excess, and on the other there is no shortage,” Novak said, adding that the OPEC+ countries were largely meeting their production quotas under the deal. Russia’s lucrative oil exports have become a major target for Western countries over Moscow’s military actions in Ukraine.
The European Union has imposed a partial oil embargo that it says will cut 90% of Russian exports to the 27-member bloc when fully implemented. And Group of Seven finance ministers last week announced plans to impose an oil price cap on Russia that could have far-reaching implications for its ability to secure tankers and insurance even on exports beyond the G7.Share article
I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
I never knew I would be what as I'm today so mush suffering, saw a post about your platform and I took a step to try if it's going to work, you changed my life financially, I just want to share your good work and let the world know how great you are JamesAlderson0
Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
We Know The Truth .. And we know Real News! 🍿
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: SABCNews - 🏆 37. / 51 Lire la suite »