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Rosneft Climbs to Two-Week High as Oil Jumps in New York

Aug. 17 (Bloomberg) -- OAO Rosneft, Russia’s largest oil producer, rose to its highest in almost two weeks as crude gained.

The company’s shares advanced 2.4 percent to 211.31 rubles by the 6:45 p.m close in Moscow, their strongest since Aug. 5.

Crude advanced as much as 2.7 percent to $89 a barrel in New York.

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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