Sechin: oil prices are taken by robots on the currency markets

Sechin: oil prices are taken by robots on the currency markets


Decision on oil prices are taken by robots on the currency markets, said the head of “Rosneft” Igor Sechin.

See also

Expert: oil price could fall below $20 due to the almost complete filling of the storage tanks

According to him, current oil prices are the lowest since 1973.

Sechin also said that the price of shale oil has decreased by three times, extraction by 15%.

“Rosneft” has no doubt about the prospects of cooperation with China, said the head of the company.