Novak, Russia's Deputy Prime Minister, Reports Increase in Russian Oil Production

Alexander Novak, Russia's Deputy Prime Minister, announced that the OPEC+ capacity assessment report will be published in late 2026. He also reported an improvement in the Russian fuel oil market and an increase in Russian oil production based on existing capacity. Novak said several Russian refineries have completed their repairs.

Russian Deputy Prime Minister Alexander Novak announced that the OPEC Plus capacity assessment report will be published at the end of 2026. He also mentioned the Q3 2026 Earnings Report - Black Rock's Earnings Per Share (EPS) Actual…………. 15.93 forecast…………14.15 actual quarterly REVENUE…………$7.75 billion forecast………..$7.44 billion

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Russian Deputy Prime Minister Alexander Novak announced that the OPEC Plus capacity assessment report will be published at the end of 2026. He also announced the improvement of the Russian fuel oil market and the increase of oil production in this country based on the existing capacity.

A number of Russian refineries have completed repairs, Novak said. These news were published by IFX and Tas news agencies.