Thursday, 11 February 2016

Rosneft rejects case for oil output cuts - FT.com

Rosneft rejects case for oil output cuts - FT.com:

"The most powerful figure in Russia’s oil industry on Wednesday signalled his steadfast opposition to combining with Opec to reverse the crude price rout through co-ordinated cuts in production.
Igor Sechin, a close ally of President Vladimir Putin and head of Rosneft, the state-controlled oil company, told an energy conference in London that the world’s top producers would not give ground as they fight to hold on to customers."



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