We Will Drill on Our Own: Rosneft CEO

The transcript discusses the forecast for oil production over the next 5 to 7 years, with a focus on market demand and investment returns. It highlights the high quality of the oil and the expected price range of $140 to $150 per barrel. The conversation also covers the impact of U.S. government restrictions on Exxon's Arctic drilling and the company's plans to continue the project independently, while maintaining the joint venture with Exxon.

What factors are influencing the return on investment in the oil market according to the speaker?

What is the significance of the phrase 'the market should definitely give us the kind of price that justifies our investments'?