“This is very important for us, because we have seasonal demand.
We need to increase the volume of refining at refineries and ensure the growing demand for oil products in Russia, ”TASS quotes him.
The Deputy Prime Minister also noted that as a result of the decisions made by OPEC + on March 4, oil prices increased by almost 5%.
He believes that such a rise in prices suggests that the market is gradually recovering.
According to Novak, OPEC + should be careful to ensure that there is no overheating in the market, so that prices are not overstated, and that they reflect the real balance of supply and demand, the interests of producers, the interests of consumers. "
On March 4, following the results of the OPEC + meeting, it decided not to increase production in April by 500 thousand barrels per day.
At the same time, Saudi Arabia will maintain its additional production cut of 1 million barrels per day.
Also, the OPEC + countries agreed on an increase in oil production in Russia in April by 130 thousand barrels per day, in Kazakhstan - by 20 thousand barrels.