BREAKING NEWS

BREAKING NEWS

Russia's Sechin: dollar fall drives oil market, not OPEC deal - TASS

Now Reading:

Russia's Sechin: dollar fall drives oil market, not OPEC deal - TASS

Text size Aa Aa

MOSCOW (Reuters) – Igor Sechin, the moist influential Russian energy official, said that oil prices are on the rise due to the depreciation of the U.S. dollar rather the global deal with OPEC on curbing oil production, TASS news agency reported on Friday. “The Americans support their shale oil producers through dollar depreciation,” TASS cited Sechin, the chief executive of Russia’s largest oil company Rosneft <ROSN.MM>, as saying.

(Reporting by Vladimir Soldatkin; Writing by Maria Tsvetkova)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.