Free Trial

OIL: Gazprom Neft CEO Says Oil Prices Will Stabilise Soon

OIL

Gazprom Neft CEO Alexander Dyukov said Sep. 5 that there were various pressures on oil prices currently, but he expected stabilization in the near future.

  • There was no need to rush into a decision, Dyukov said, but OPEC+, a mechanism which he said had proven to be effective.
  • Moreover, OPEC+ could always decide to adjust its output deal if necessary.
58 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Gazprom Neft CEO Alexander Dyukov said Sep. 5 that there were various pressures on oil prices currently, but he expected stabilization in the near future.

  • There was no need to rush into a decision, Dyukov said, but OPEC+, a mechanism which he said had proven to be effective.
  • Moreover, OPEC+ could always decide to adjust its output deal if necessary.