Russia’s Rosneft profit, revenue jump on acquisitions
Russia's largest oil firm, state-controlled Rosneft reported a jump in its Q1 financials on the back of acquisitions and strong global oil prices.
Revenues almost doubled to $16.37 billion from $8.22 billion in the same period a year ago. Analysts surveyed by Reuters had expected the firm to report revenues of $16.5 billion. (Reuters)
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