Russia’s Energy Minister: Fundamentals, Not Trump Impact Oil Prices

Russia and OPEC are looking at the fundamental forces on the oil market such as supply and demand, rather than at U.S. President Donald Trump’s tweets, Russian Energy Minister Alexander Novak told CNBC in an exclusive interview on Thursday. “You know, we are looking at all the factors that one way or another effect the prices. But in particular for us, it’s the balance between supply and demand,” Novak told CNBC’s Hadley Gamble when asked how he feels about President Trump often calling out OPEC on Twitter for manipulating…