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Reuters alone on Rosneft gloomy outlook

Reuters was alone with Dec. 1 comments from Rosneft, Russia’s largest oil firm, predicting weak results in the fourth quarter the same day it published its Q3 report. The third quarter results were better than expected but the gloomy outlook from the firm’s chief financial officer brought a rally in the shares to a halt. Bloomberg interviewed the same CFO two days later.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Countries: Russia
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