By Vladimir Soldatkin and Olesya Astakhova
MOSCOW, June 8 (Reuters) – Rosneft’s quarterly core earnings and debt reduction helped lift shares in Russia’s top oil producer on Wednesday despite weak crude prices slashing its net profit.
Led by Igor Sechin, a long-standing ally of Russian President Vladimir Putin, Rosneft said its investment in the quarter would help generate future production and profit.
Core earnings – before interest, taxation, depreciation and amortisation (EBITDA) – fell by 14.4 percent to 273 billio…
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