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Sunday, October 23, 2016

Novak expects the market recovery of oil by the end of 2017

Energy Minister Alexander Novak said Sunday, according to his sensations by the end of 2017 will see the completion of the relevant cycle of low oil prices.

He added that according to experts, now the second, third, fourth quarter will offer below the 2015 level, but by the end of 2016 the market will reach the level in 2015.

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