Rosneft Oil : head talks about "phantom barrels" in the oil market that negate OPEC+ efforts

The stockpiling of reserves by both Western and Middle Eastern companies, as well as the build-up of production capacity, may be an expectation of major market changes, Rosneft Chief Executive Officer Igor Sechin said in his report at the Energy Panel at the 27th St. Petersburg International Economic Forum. [...]

This is an abstract of the document. To keep reading, click here and get access to the original version.