One of the largest Russian oil and gas corporations has become the most valuable company in the country. Rosneft has been gradually reducing the debts and has increased the cash flow, which helped it to achieve the record capitalization rate and to beat the Gazprom’s results. Due to the growth in oil prices, the company has renewed its maximum values. It is also worth noting, that over the past 5 years, the income of Rosneft has increased by $10 billion.
The Rosneft's shares have already risen by 2,69%. Despite the loss of leadership, the Gazprom shares also have shown a growth of 1.1%. Traders have an unique chance to earn money on the assets’ further increase. Trading will be available during the European session, from 7:10 to 14:30 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.