Russia's Rosneft 2015 Investment Program based on Oil of $50 per Barrel

Reuters

MOSCOW, Aug 6 (Reuters) – Russia's Rosneft, the world's top listed oil company by output, is basing its 2015 business plan at an oil price forecast of $50 per barrel, the firm said in an e-mailed statement.

Oil prices more than halved to under $50 per barrel since mid-2014 but a weaker rouble is partially offsetting losses for Russian exporters. Rosneft said that it was able to operate efficiently even if oil prices fell further.

(Reporting by Katya Golubkova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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