Rosneft CEO Igor Sechin says China, not OPEC, stabilized oil markets this summer by slashing crude imports up to 40% during the Hormuz crisis.

Sechin claims China is now dominant in global energy markets. Crude oil reaching a new all-time high by December 31 at 10% YES.

VLADIVOSTOK, Sept 4 (Reuters) - Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude…