China Helps Stabilize Oil Market by Cutting Consumption by 5.5Mln Bpd - Rosneft CEO

NAMPA / Sputnik
2026-09-04
VLADIVOSTOK, Russia, September 4 (RIA Novosti) - China helped stabilize the oil market amid the crisis in the Strait of Hormuz by reducing consumption by 5.5 million barrels per day, Russian oil giant Rosneft CEO Igor Sechin said on Friday. “This year, China actually seized the OPEC initiative and, without joining any cartels, was able to stabilize the global oil market by reducing oil imports by 5​​​.5 million barrels per day,” Sechin said durin......
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(Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 03 September 2026 - President Netumbo Nandi-Ndaitwah on Thursday held a closed-door meeting with Capricorn Group executive management at State House, where the financial services group briefed her on its role in capital mobilisation and investment across key sectors of the Namibian economy. (Photo by: Chelva Wells) NAMPA

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(Photo: Michael Mutonga Liswaniso) NAMPA

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(Photo: Michael Mutonga Liswaniso) NAMPA

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WINDHOEK, 02 September 2026 - Meatco’s Okapuka Tannery. (Photo: Contributed)

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