UN mission in Ukraine has no powers to assess situation in Crimea, diplomats noteWorld September 25, 21:11
Gentlefan continues: Manchester United fans to get raincoats ahead of encounter with CSKASport September 25, 20:30
US-led coalition denies charges of US units leading Syrian 'opposition' through IS linesWorld September 25, 18:49
Supplies of S-400 systems to Turkey may begin within two yearsMilitary & Defense September 25, 18:14
Ukraine involved in illegal arms deliveries to South Sudan — Amnesty InternationalWorld September 25, 18:01
Russian general's death in Syria result of US double-dealing in war on terror — diplomatRussian Politics & Diplomacy September 25, 17:42
Russia's top diplomat says conditions in Syria ripe for defeating terroristsRussian Politics & Diplomacy September 25, 17:07
Russian envoy notes US actions in Syria as Washington's true colors on anti-terror policyRussian Politics & Diplomacy September 25, 17:00
Economy minister believes new technologies will drive Russia’s economyBusiness & Economy September 25, 16:50
VERONA, 21 October. /TASS/. Russia will not be a background actor in competition on the global oil market, head of Russian state-owned oil company Rosneft Igor Sechin said in an interview with Corriere Della Sera newspaper.
"What is the meaning of the current price war? I think, first of all, it's a competition for shares on the market and Russia is not going in this case to be a background actor," he said.
The head of Rosneft said he is also convinced that the market for a period of low oil prices will not last long, despite the fact that "producers, sellers and buyers have been discussing for two years how to find life-saving mechanisms and return to a regulated, stable market."
According to him, "the recovery in oil prices is inevitable because reduction of capital investments leads to supply deficit and it is impossible to compensate this deficit quickly."