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 2017 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles