Sechin added that he saw oil prices at at $50-53 per barrel next year.
(Reporting by Olesya Astakhova and Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Robin Pomeroy)
End-of-day quote
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06:45pm | US State Dept says oil service firm SLB is not violating Russia sanctions | RE |
Apr. 20 | China's imports of Russian oil near record high in March | RE |
MOSCOW (Reuters) - The head of Russian oil giant Rosneft, Igor Sechin, said the slump in oil prices was mostly linked to a fresh interest rate hike announced by the U.S. Federal Reserve last week.
Sechin added that he saw oil prices at at $50-53 per barrel next year.
(Reporting by Olesya Astakhova and Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Robin Pomeroy)
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