Gazprom Neft: No Need for Further OPEC+ Cuts

The president of the major Russian company Gazprom Neft, Alexander Dyukov, stated today that he does not see the necessity for additional cuts in oil supplies from the OPEC+ alliance, which includes major oil producers. Dyukov also mentioned that "the company intends to increase oil refining rates and hydrocarbon production this year," without providing figures. Additionally, he noted that "Gazprom Neft's investments are expected to remain unchanged this year."