Russia to ink fuel supply deal with oil companies in coming days - Novak

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An agreement with oil companies on fuel supplies to the domestic market is expected to be finalized in the coming days, according to Russian Deputy Prime Minister Alexander Novak.

"We are currently preparing an agreement with the companies. We are making certain decisions aimed at stabilizing operations on the exchange and wholesale prices. In the near future, we need to conclude an agreement between the Ministry of Energy, the Federal Antimonopoly Service, and our vertically integrated companies. This work must be completed in the next few days," Novak was quoted as saying by Interfax.