Russian oil minister Novak: oil prices are back to balanced levels

Brent crude is trading at $61

The Russian oil minister Novak is on the wire saying that oil prices are back to bounce levels.  He also adds that:
  • Oil prices are stable around $60 per barrel
The price of Brent crude is currently trading at $61 per barrel. That is down $0.85 or -1.37% on the day.
WTI crude oil futures meanwhile are trading down $0.46 or -0.82% at $55.45
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