Sechin added that he saw oil prices at at $50-53 per barrel next year.
(Reporting by Olesya Astakhova and Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Robin Pomeroy)
End-of-day quote
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5-day change | 1st Jan Change | ||
351.2 RUB | -3.77% | -.--% | -.--% |
Apr. 20 | China's imports of Russian oil near record high in March | RE |
Apr. 19 | Russia's Bashneft protects refineries with anti-drone nets, reports say | RE |
MOSCOW (Reuters) - The head of Russian oil giant Rosneft, Igor Sechin, said the slump in oil prices was mostly linked to a fresh interest rate hike announced by the U.S. Federal Reserve last week.
Sechin added that he saw oil prices at at $50-53 per barrel next year.
(Reporting by Olesya Astakhova and Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Robin Pomeroy)
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+26.90% | 50.63B |