Russia’s Novak: Oil market balanced adjusted to US move on Iran exports

Russia’s state news agency, RIA, quoted the latest comments by the Russian Energy Minister Alexander Novak, with the key headlines found below.

Oil market balanced adjusted to the US move on Iran exports.

The global oil market was well-balanced.

The ministry would hold consultations with Russian oil producers ahead of a meeting of the monitoring committee of OPEC and non-OPEC producers later this month.