Gazprom CEO Claims Oil Prices Will Soon Stabilize

Oil prices will soon stabilize, Gazprom Neft’s CEO Alexander Dyukov said on Thursday, despite current price woes that have cratered the price of Brent to below $74 per barrel. OPEC+ could also choose to make changes to the current production cut deal, which is set to begin the process of unwinding in October, Dyukov said but added that there was no need to rush to any decision. The current OPEC+ deal and the idea that the group could decide to add production back in as planned in October is precisely what is contributing to current oil price…