Rosneft quarterly reporting: more stable than world majors

Despite a significant deterioration in macroeconomic conditions associated with the pandemic of the virus COVID-19 and the start of agreements under the new OPEC + agreement to limit oil production, in the II quarter of 2020, Rosneft managed to get one of the highest net profit indicators among the world majors and maintain positive free cash flow in the first half of the year against the background of the coronavirus pandemic and the consequences caused by it, while continuing to reduce the debt burden.

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