Rosneft head blames dollars for cheap oil

Rosneft head blames dollars for cheap oil

Rosneft Head Igor Sechin said that the U.S. Federal Reserve had stopped balancing the financial mass, resulting in the dollar strengthening in many countries. The dollar gained about 10% of its previous value compared with the euro, according to the official, Gazeta.ru reports.


He added that such a change in US monetary policy affected the prices of assets and goods.

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