Saturday, 31 March 2018

Russia’s Novak tells Putin global oil deal boosted state foreign currency income

Russia’s Novak tells Putin global oil deal boosted state foreign currency income

31 March 2018, Moscow – Russian Energy Minister Alexander Novak said a global oil output cut deal has helped balance the oil market worldwide and boosted Russia’s foreign currency income. Speaking to President Vladimir Putin , Novak also said Russia’s oil-refining industry was hit by changes to taxation and lower investment. Now, Novak told Putin, …

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