Russian Deputy PM Novak says Russia expects to reach its OPEC+ oil production quota this year; oil market has not yet fully seen the consequences of the Middle East conflict, and stockpiles are being used

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Russian Deputy PM Novak says Russia expects to reach its OPEC+ oil production quota this year; oil market has not yet fully seen the consequences of the Middle East conflict, and stockpiles are being used

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  • There has been no oil production lower than the start of the year due to “unscheduled maintenance” at refineries.

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