November 6, 2019 / 12:35 PM / a month ago

Russia's Novak: oil at above $60 a barrel shows markets are stable

FILE PHOTO: Russian Energy Minister Alexander Novak attends the Energy Week International Forum in Moscow, Russia October 3, 2019. REUTERS/Evgenia Novozhenina/File Photo

MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Wednesday the current oil price of more than $60 per barrel shows that markets are stable.

Brent crude was trading at $62.79 a barrel by 1126 GMT on Wednesday.

Reporting by Olesya Astakhova and Anastasia Lyrchikova; writing by Tom Balmforth; editing by David Evans

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