Rosneft CEO Complains About Losing Market Share To OPEC+ Members
According to Rosneft’s chief executive, Russia is exporting a smaller share of its oil output and losing market share to other OPEC+ members.
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According to Rosneft’s chief executive, Russia is exporting a smaller share of its oil output and losing market share to other OPEC+ members.
Russia’s Energy Minister believes that oil prices could climb to $80 this year, emphasizing the role of OPEC+ in pushing prices higher.
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Constrained production growth will lead to moderately higher prices in the medium term according to shale giant Pioneer Natural Resources
ALBAWABA – Oil prices slipped 0.2% on Thursday, to $76.80 and $72.41 on the barrel of Brent crude futures for August settlement and WTI futures for July.