Russian Energy Minister Alexander Novak said it was difficult to predict future fluctuations in the global oil market amid the escalation of tensions in the Middle East, Russian news agencies reported on Jan. 8.
Reuters: Novak says oil price moves hard to predict in light of Middle East tensions
(L-R) European Commission vice-president Maros Sefcovic, Russia's Minister of Energy Alexander Novak and Ukrainian Minister of Energy and Environmental Protection Oleksiy Orzhel address the media after talks between European Union (EU), Russia and Ukraine on new gas transit deal on Dec. 19, 2019 at the German Federal Ministry for Economic Affairs and Energy in Berlin.
