VERONA (Reuters) - Global oil reserves are not yet at their normal level and it is too early to talk about a watershed in terms of rebalancing the oil market, Igor Sechin, chief executive of Russia's oil major Rosneft (>> NK Rosneft' PAO), told an industry forum in Verona on Thursday.

(Reporting by Oksana Kobzeva; Writing by Denis Pinchuk; Editing by Polina Devitt/Andrew Osborn)

Stocks treated in this article : NK Rosneft' PAO, BP