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Rosneft net income falls 68% in H1
Millennium Post Kolkata
|Kolkata 31August2025
The chief executive of Russia's Rosneft said net income sank more than 68 per cent to 245 billion roubles ($3 billion) in the first half due to weak oil prices that were dragged down by production hikes by Saudi Arabia and other OPEC states.
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MOSCOW:
The comments from the head of Russia's largest oil producer, Igor Sechin were the first indications of unease in months from Russia about the OPEC+ strategy to speed up production hikes, Reuters reported.
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