
Feb. 1 (Bloomberg) -- OAO Rosneft, Russia’s largest oil producer, said profit more than doubled in the fourth quarter after oil prices recovered and output increased.
Net income rose to $1.67 billion from $775 million a year earlier, the Moscow-based company said today in an e-mailed statement. That compares with the $1.7 billion median estimate of 10 analysts surveyed by Bloomberg. Sales climbed 35 percent to $14.6 billion.
Source: Business Week Link Below


