Russia's Novak: oil oversupply in next few months seasonally driven

ABU DHABI (Reuters) - Russia signalled on Sunday it did not believe the oil market would face serious oversupply next year, a view that differs from that of OPEC producer Saudi Arabia.Russian energy minister Alexander Novak told reporters the market might face a certain seasonal oversupply in the next few months but by mid-2019 it should be balanced and demand may even exceed supply.Saudi Arabian energy minister Khalid al Falih has said OPEC may need to reduce production as oil markets could..