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Oil price $80 per barrel reflects current market situation - Russian Deputy Prime Minister

According to Novak, now there are a number of uncertainties on the market that can play a role in lowering the price of oil

MOSCOW, November 5. /TASS/. The oil price at around $80 per barrel objectively reflects the current market situation, Russian Deputy Prime Minister Alexander Novak said in an interview to the Rossiya-24 TV channel.

"In my opinion, today's price at around $80 per barrel objectively reflects the current situation. Let's see what will happen in December-January, proceeding from the facts that I mentioned," he said.

According to Novak, now there are a number of uncertainties on the market that can play a role in lowering the price of oil, everything will depend on the situation in late 2021-early 2022.

"There are many factors that push the price up, as well as many uncertainties that can lower the price. Everything will depend on the situation that will develop during November - December 2021 and the first quarter of 2022. We are now seeing the spread of the delta strain, which is a negative factor, restrictive measures are being introduced in many countries," he added.

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Lavrov says Borrell let it slip that Europe ‘fighting against Russia’

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Ukrainian drone damages energy infrastructure in Russia’s Kaluga Region

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Russian military base may appear in CAR’s eastern region — President Touadera

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Ukraine’s new ethnic minorities law insufficient to protect Magyars — Hungarian president

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Russia can join top three countries by lithium reserves — governor

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Russia delivers 34 strikes on Ukrainian military infrastructure over week — top brass

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US House passes procedural vote on Ukraine aid bill

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French, US, British nukes all interwoven — Russian diplomat

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Russian forces destroy Ukrainian command post, two S-300 missile launchers over day

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US gives nod to Israeli operation in Rafah in exchange for canceling major attack on Iran

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No plans for pauses in fighting if talks on Ukraine begin, Lavrov says

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Two people killed in borderline Belgorod Region in Ukrainian drone attack — governor

According to Governor Vyacheslav Gladkov, a private residence in the village of Poroz caught fire when the unmanned aerial vehicles dropped two explosive devices

Ukrainians abroad storming embassies to avoid mobilization, Russian diplomat says

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Israeli troops continue raids in West Bank — TV

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Russia's revenues from oil exports remain high despite price ceiling — IMF

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About 30 events in 26 countries to be held as part of Russian Film Festival — minister

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Iran threatens to attack Israel's "nuclear centers" in case of aggression on its part

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CIA chief says Ukraine could lose by end of this year — Politico

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US assured Israel that Iranian drones will be intercepted — US journalist Hersh

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Russian Cabinet expands list of perfumery, cosmetic products subjected to import duty

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One crew member of jet crashed in Stavropol Region killed, search for another continues

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Swiss parliament votes against joining task force on frozen Russian assets

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Polish premier refuses to hand over his country’s Patriot systems to Ukraine

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US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Russia ready for Ukraine talks, but not with Zelensky — Lavrov

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Russian defense chief checks implementation of orders to develop drones

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BRICS looking at creating common digital payment platform

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Armenia’s relations with Russia not at their highest — top diplomat

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Participation in ‘Columbine’ movement may result in life sentence — Prosecutor General

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Russia urges the International Monetary Fund to resume the effort of improving the global monetary and financial system, Anton Siluanov noted

West close to sending military to Ukraine, this would 'drag Europe to bottom' — Orban

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Death toll in Gaza Strip since tensions escalated exceeds 34,000 — Health Ministry

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Russia knows French military instructors working in Ukraine — Lavrov

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NATO discussing transfer of ‘deep precision strike capabilities’ to Ukraine — Stoltenberg

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Global economy’s condition improving — Russian Deputy PM

The process is largely driven by increasing contribution of developing countries, Alexey Overchuk said

Hungarians in western Ukraine should get their rights back, Budapest says

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EU ministers to discuss use of Russian assets for Ukraine on April 22 — EU official

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Senior Chinese official to take part in conference on security in Russia — diplomat

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US agrees to withdraw troops from Niger — Washington Post

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American Abrams tanks vulnerable even to Soviet-era weapons, says expert

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Lavrov speaks of West’s agony, Russia’s approach to any future talks with Kiev

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Chinese analyst sees US veto on Palestine as reflection of arrogance, double standards

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Russian economy proves resilience amid large-scale sanctions — IMF

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Putin signs law on holding World Friendship Games

Funding will be provided from the federal, regional and local budgets, as well as taxes from gambling transferred to the organizer

Armenia has to define CSTO’s zone of responsibility on its territory, says Lavrov

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FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan

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Russia not to go for settlement on Ukraine based on 'Zelensky formula' — Lavrov

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Russia has significant amount of West’s funds in case of confiscation of its assets

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World’s anti-doping agency WADA still waits for Russia’s 2023 financial contribution

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Russia won’t allow NATO to move closer in Ukraine — Lavrov

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Three Ukrainian soldiers swim across Dnieper to surrender to Russian troops — governor

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