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10/11/16

Russian Energy Giant Rejects OPEC Cap



Head of Russian state oil firm Rosneft Igor Sechin attends a session of the St. Petersburg International Economic Forum 2016 (SPIEF 2016) in St. Petersburg, Russia, June 16, 2016. Igor Sechin, Russia's most influential oil executive and the head of state-controlled energy giant Rosneft, said his company will not cap oil production as part of a possible agreement with OPEC. His comments underline how difficult it is for Russia to get its oil companies to freeze or cut output as part of a potential deal with the Organization of the Petroleum Exporting Countries designed to support oil prices. http://bit.ly/2d57yAY http://bit.ly/1fJ5yqZ This video was produced by YT Wochit Business using http://wochit.com


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