Russia Expects Global Oil Product Prices to Adjust, Novak Says

The official stressed that petroleum product prices will adjust as demand and supply rebalance globally.

Moscow, October 14. /TASS/. Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Russian Energy Week forum: Russia expects the price of petroleum products to be adjusted globally after the start of supplying diesel fuel to the market.

"Europe is one of the participants in the world energy market, including oil and oil products," Novak said. Therefore, the price of petroleum products will adjust as demand and supply rebalance around the world.

TASS is the information partner of the Russian Energy Week.