OREANDA-NEWS. The agency notes that from April 1, the company will increase oil production in accordance with its development goals. According to the American media, Rosneft can increase production by 300 thousand barrels per day in one or two weeks. Moreover, the company is ready for different market scenarios.

The ruble fell sharply against the US and European currencies amid a severe collapse in oil prices after the failure of negotiations to reduce oil production in Vienna. Thus, the dollar on the international Forex market grew by 9.5%, and exceeded the mark of 75 rubles. The euro exchange rate rose above 85 rubles. Both foreign currencies were at this level for the last time in 2016.

At the same time, the cost of futures for Brent crude oil for delivery in May 2020 during trading on the ICE exchange in London at the peak decreased by more than 40% - to $ 31.02 per barrel. Later, Brent began to win back the position, now it is trading at around $ 35.2 per barrel. The cost of the April WTI oil futures was losing almost 50% and was trading at $ 27.59 per barrel. Later, WTI also recouped the losses a bit and returned to the level of $ 31.73 per barrel.