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US trade war and sanctions are not helping oil markets, Russian energy minister says - CNBC
CNBC | US trade war and sanctions are not helping oil markets, Russian energy minister says CNBC The U.S. trade war against China and sanctions regime is contributing to instability in the global oil market and putting pressure on prices, Russian Energy Minister Alexander Novak told CNBC on Wednesday. "We can see that the pricing situation today ... OPEC-led group able to cover potential oil supply shortage: Novak Russia warns of 'fragile' oil market due to geopolitics, but says it can raise output Russia warns of 'fragile' oil market but says it can raise output |
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