Russia Wants OPEC+ To React To Oil Demand Recovery

Russia will propose to OPEC+ to react to the recovery in global oil demand, which has now reached 90 percent of the levels seen before the pandemic, Russia's Energy Minister Alexander Novak said on Wednesday. "We hope for speedy demand recovery and will propose to react to it under OPEC+ deal," Reuters quoted Novak as saying. Speaking at an online meeting to discuss Russia's oil and gas industry, Novak said, as quoted by the TASS news agency, that Moscow hopes there would be faster demand recovery, to which it would react within the OPEC+ pact.…