Russia's Novak: No one can predict how the oil market could be balanced - RTRS

Latest headlines crossing the wires on oil markets are from the Russian energy minister Novak, noting that it’s difficult to predict how the oil market could be balanced, Reuters reports.

According to Mr. Novak, Russia’s oil surplus is seen at 1.0 mln bpd through the year-end, while at start of the year surplus stood at 1.8 mln bpd.