11 articles
Russian Deputy Prime Minister Alexander Novak announced that exports may resume if domestic production exceeds demand. The move aims to stabilize global fuel markets currently strained by geopolitical
Russian Deputy Prime Minister Alexander Novak confirmed ongoing fuel supply difficulties in regions like Siberia following drone attacks on oil refineries. Gasoline export bans remain extended through
Russia intends to lift its diesel export ban once the market stabilizes, though gasoline restrictions will remain until year-end due to domestic shortages. Deputy Prime Minister Alexander Novak confir
Russia has banned diesel exports and plans to import fuel starting in July to address domestic shortages. Deputy Prime Minister Alexander Novak stated the measures aim to stabilize gasoline and diesel
Russian oil firms are urged to retain 30% of crude for domestic refining amid fuel shortages, per a letter from Rosneft's Igor Sechin to President Putin. Deputy Prime Minister Alexander Novak has been
Russia is weighing a complete diesel export ban to stabilize the domestic fuel market, Deputy Prime Minister Alexander Novak said. The government proposes tax measures to support the sector following
Russian Deputy Prime Minister Alexander Novak ordered a new fuel market forecast model to prevent shortages and stabilize prices after reports of deficits in Crimea and Siberia linked to Ukrainian att
Russian Deputy Prime Minister Alexander Novak met Saudi Energy Minister Prince Abdulaziz bin Salman, citing rising uncertainty in global oil demand due to geopolitical tensions. OPEC+ plans to offset
Russian Deputy PM Novak confirmed oil production declined due to unscheduled refinery maintenance. He stated output will recover once facilities resume full operation despite recent infrastructure att
Russian Deputy Prime Minister Alexander Novak stated that the UAE's exit from OPEC will not trigger an imminent price war due to current market shortages caused by the Iran conflict. Moscow reaffirmed
Russian Deputy Prime Minister Alexander Novak confirmed that OPEC+ will continue operations despite the UAE's departure. He cited a global oil deficit making a price war unlikely amidst current logist
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