Russia’s Energy Minister Alexander Novak arrives at the European Commission headquarters in Brussels ahead of a meeting with EU officials March 2, 2015. Russian Energy Minister Alexander Novak said on Wednesday that Saudi Arabia’s entry into East European oil markets, traditionally dominated by Russia, was the “toughest competition”. “Every country has the right to sell where it thinks necessary. This is a competition, the toughest competition is going on now,” Novak told reporters. Saudi Arabia has started supplying crude to Poland, the head of Russia’s biggest oil company, Rosneft, said on Tuesday, becoming another Middle Eastern producer to enter a market traditionally supplied mostly by Russia. A global battle for market share is under way among oil exporters. Those with the deepest pockets, such as Saudi Arabia, are using low prices to enter new markets – often at the expense of Russia, one of the world’s top crude producers. […]