Novak said how the slowdown in economic growth would affect oil 15:49

Russian Deputy Prime Minister Alexander Novak said that in 2025, economic growth in the world would be lower against the background of trade wars, which would affect the oil demand. The application was coming in the mood of the TV channel “Russia 24”.

“We observe the trade wars between countries, a decrease in economic growth rate,” he said.

According to many analysts’ estimates, this year, the world’s economic growth will be lower than the first forecasts, he said. According to him, this will affect the request to provide.

In addition, during the meeting of eight OPEC countries, Novak+ saidThe member states of the organizations can get more money, but they have not been able to do so. According to him, countries have potential deposits and programs for the development of deposits, but they restrict the hunt. Before that Deputy Prime Minister announcedDespite the current challenges, global oil demand will continue to grow.

Previous Novak saidIt continues to attack the energy facilities of Ukraine in the Russian Federation.

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Source: Gazeta

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