A.Novak: Oil production in the future to continue to grow, but is offset by growing demand.

A.Novak stated in an interview with the famous Russian TV channel he believed that the oil market had not yet stabilized, but the shock of the end of 2014 from the decrease in prices had gone and the situation will be more stable in H2 2015.

Those rates, which are now formed, reflect reality, the head of the RF Ministry of Energy states.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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