Şeful Rosneft: China face legea pe piaţa energetică mondială, nu OPEC - Economica.net

Igor Sechin, CEO of Rosneft, stated that China has taken a leading role in stabilizing the global oil market by reducing its crude oil imports by 5.5 million barrels per day this year. He emphasized that this shift in influence from OPEC to China is significant, especially as OPEC's membership declines. Sechin noted that China's growing reserves will further enhance its position in the energy market, while OPEC's share of global oil production has decreased significantly over the years. Recent withdrawals from OPEC by member states like the UAE and potential exits by Venezuela highlight the cartel's diminishing power.