“I hope that the situation in May – June will become more or less clear. Of course, the balancing period is not fast, I want to believe that the market will be finally balanced by the end of the year. The reduction in stocks in storage facilities should begin already in the second half of this year, but in the current conditions of price uncertainty, it makes no sense to predict ”, the head of the Ministry of Energy said in an interview with Gazeta.Ru.
Earlier, a member of the Committee on Energy Strategy and Development of the Fuel and Energy Complex of the Chamber of Commerce and Industry, Rustam Tankaev, in an interview with NSN, gave a forecast on the situation in the oil market.