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EconomySechin expects China’s role in oil market to grow, OPEC influence to decline

Rosneft CEO Igor Sechin said expanding Chinese fuel reserves would strengthen the country’s position in the global oil market, while OPEC’s influence and membership would diminish. He described China as having evolved from a major energy consumer and importer into an active market leader.

Chinaoil marketOPEC

TTASS★★☆☆☆2026-09-04 09:28Original

Sechin expects China’s role in oil market to grow, OPEC influence to decline
Economy