Reported about 14 hours ago
Igor Sechin, CEO of Russia's Rosneft, praised OPEC+ for its decision to boost oil output in light of the ongoing Middle East conflict, noting that the move was wise and beneficial for consumers. Sechin highlighted the need for OPEC+ to consider further increases in production, as eight member countries have already exceeded expectations for the past three months. Additionally, he outlined Rosneft's cautious business strategy for 2025, aiming for oil prices of $45 per barrel amid market volatility.
Source: YAHOO