MOSCOW (Reuters) - Igor Sechin, the moist influential Russian energy official, said that oil prices are on the rise due to the depreciation of the U.S. dollar rather the global deal with OPEC on curbing oil production, TASS news agency reported on Friday.
"The Americans support their shale oil producers through dollar depreciation," TASS cited Sechin, the chief executive of Russia's largest oil company Rosneft (MM:ROSN), as saying.