Xinhua News Agency, June 17, Russian oil company Rosneft President Sechin said that underinvestment in the oil industry will lead to oil shortages and rising prices. OPEC members are becoming more and more difficult due to differences in economic structure and oil production dynamics.

Xinhua News Agency, June 17, Russian oil company Rosneft President Sechin said that underinvestment in the oil industry will lead to oil shortages and rising prices; due to differences in economic structure and oil production dynamics, it is increasingly difficult for OPEC members to find a common solution.