Alexander Dyukov, the head of Russian oil major Gazprom Neft SIBN.MM, said on Saturday that he sees no need for additional oil supply cuts by the OPEC+ group of leading oil producers.

He also said that the company plans to increase oil refining volumes and hydrocarbon output this year, without providing figures.

Dyukov said that Gazprom Neft’s investments are seen unchanged this year.
Source: Reuters (Reporting by Olesya Astakhova; writing by Vladimir Soldatkin, Editing by William Maclean)