Situation on Global Oil Market Stable, Demand Gradually Recovering After Winter - Novak

NAMPA / Sputnik

2025-03-26

MOSCOW, March 26 (RIA Novosti) - The situation on the global oil market is stable, and demand is gradually recovering after the winter season, Russian Deputy Prime Minister Alexander Novak said on Wednesday. "The situation, in my opinion, is stable, as we can see from the balance of supply and demand. Demand is gradually recovering after the winter period. It is at lower levels. We expect demand to increase from 1 to 1.5 million barrels per da......

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