"Rosneft" decides to reduce the oil production.

"Rosneft" had reduced the volume of oil production by 25 thousand barrels per day, CEO Igor Sechin stated in Vienna, where the talks between the oil ministers of Russia, Mexico, Saudi Arabia and Venezuela ahead of a summit of OPEC were held. Sberbank CIB analyst Valery Nesterov and a partner of RusEnergy Mikhail Krutikhin do not believe that Sechin’s statement on cut of "Rosneft" oil will affect the world price for oil.

Sechin made the statement that "Rosneft" had reduced the volume of oil production by 25 thousand barrels per day after the talks with the oil ministers of Venezuela, Saudi Arabia and Mexico.

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