Russia's Novak says oil prices 'not appropriate' for most producers
MOSCOW, June 17 (Reuters) - Russian Deputy Prime Minister Alexander Novak on Tuesday said oil prices are "not appropriate" for most producers, and that oil prices will rise as market shocks are absorbed, Russian state news agency RIA reported.
Speaking on possible changes to OPEC+ output policy, RIA cited Novak as saying the world needs increased supply and that OPEC+ is ready to be flexible.
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