fxs_header_sponsor_anchor

News

Rosneft ready to expand crude output if OPEC agreement ends abruptly - FT

The Financial Times (FT) published a report over the weekend on Russia’s state oil company, Rosneft, noting that the oil giant is prepared to raise crude output if OPEC agreement ends abruptly.

Key Quotes via Reuters:

“Well, if the question is how OPEC is going to exit from these arrangements abruptly, we will also be prepared. If something goes wrong, we will not let them occupy our markets. We’ll defend ourselves.” 

“This is what we do. We manage risks. We have to consider every trend, any trend that may affect our performance. We will be ready.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.