Rosneft CEO: China, not OPEC, is leading energy markets

Rosneft CEO Igor Sechin claims China has stabilized global oil markets by cutting imports by 5.5 million barrels per day, positioning China as the primary market driver over OPEC. This is a notable shift in narrative from a major Russian energy executive, potentially signaling Moscow's view on demand-side dynamics. The claim is unverified and likely self-serving, but it highlights China's outsized influence on oil prices.