Russian oil CEO: OPEC+ production increase schedule may be ahead of the original plan by about a year.
Igor Sechin, the CEO of Russia's largest oil producer, Rosneft, stated that OPEC+ may advance its original plan to increase production by about a year. He also mentioned that the decision to accelerate production growth by OPEC+ in light of the confrontation between Israel and Iran seems far-sighted and reasonable. "The production increase announced since May this year is three times the alliance's initial plan. In addition, overall production growth by OPEC+ may be ahead of the original plan by about a year," he said, without providing details.
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