Igor Sechin, chief executive of Russia's Rosneft, stated on September 4, 2026, that China—not OPEC—controls global oil market dynamics by reducing crude imports. China cut crude purchases by 5.5 million barrels per day, stabilizing global oil prices.
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Russia’s Sechin says China, not OPEC, calls shots on global energy markets reuters.com
VLADIVOSTOK, Sept 4 (Reuters) - Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude imports by 5.5 million barrels per day this year. Sechin, the most influential Russian energy manager and a long-standing ally of President Vladimir Putin, was speaking at a Russian - Chinese business forum in the far ea
Rosneft chief executive Igor Sechin said Thursday that China, not OPEC, stabilized the global oil market this year by cutting crude imports by 5.5 million barrels per day [energynow.com#1][boereport.com#1][thenews.com.pk#1][unimedia.info#1][minutemirror.com.pk#1]. Sechin, a long-standing ally of Russian President Vladimir Putin and one of Russia's most influential energy executives, made the remar