Novak
Russia Says Ready to Supply US with Diesel in Any Volumes
Deputy Prime Minister Alexander Novak said Russia is ready to supply diesel fuel to the US in any volumes. After the deal was announced, global oil prices fell 5–6%.
Russian Diesel to Reach US in 15-20 Days After Contracts Signed
Deputy Prime Minister Alexander Novak said that after commercial contracts are concluded, Russian diesel will start flowing to the US market within 15-20 days. Sanctions on supplies have been lifted for six months.
Novak: Russia's gasoline deficit remains at around 5%
Russian Deputy Prime Minister Alexander Novak said a partial gasoline deficit of about 5% persists on the domestic market, with authorities and oil companies working to close it.
Russia May Resume Diesel Fuel Supplies to the US Within 2–3 Weeks
Russian Deputy Prime Minister Alexander Novak said Russian oil companies are ready to start supplying diesel fuel to the US, but it will take time to finalize contracts and logistics.
Novak: Strait of Hormuz Situation Keeps 6–7 Million Barrels Per Day Off the Market
Russian Deputy Prime Minister Alexander Novak said around 6–7 million barrels of oil per day are still not reaching the global market due to the situation around the Strait of Hormuz. According to him, this creates an imbalance between supply and demand and serious volatility.
Russia Lifts Diesel Export Restrictions Ahead of Schedule
Deputy Prime Minister Alexander Novak announced that Russia is immediately lifting restrictions on diesel exports earlier than planned. He also suggested that supplies abroad could increase in November and December.
Novak Says Russian Fuel Market Partially Stabilizing
Deputy Prime Minister Alexander Novak reported that measures to stabilize the fuel market are showing results, though some regions remain tense.