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)



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