Russia to ensure domestic fuel market stability — Deputy Prime Minister Novak

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The cabinet noted that compensatory measures continue to sustain stability across regional markets and effectively mitigate local shortages

MOSCOW, November 6. /TASS/. Russian authorities intend to take timely measures to balance the domestic fuel market, Deputy Prime Minister Alexander Novak stated during a government meeting on the fuel sector on Friday.

"It is essential to keep a finger on the pulse of the petroleum products market and take all necessary measures in a timely manner to maintain its balance," Novak said, according to a government statement. "This work must be carried out by federal agencies, regional authorities, and industry companies to fulfill the President’s directives. Ensuring the stability of the domestic fuel market remains an absolute priority."

During the session, the Energy Ministry presented a report on the supply-demand balance of petroleum products.

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