The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov, president and CEO at Russia’s second-largest producer, Lukoil, told Russian newspaper Kommersant.
RT speaks to the head of Lukoil, Vagit Alekperov, on the sidelines of the St. Petersburg International Economic Forum, discussing the current state of affairs in the oil market and the impact of the COVID pandemic.
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Lukoil, the second-largest oil producer in Russia, plans to slash its crude oil production by 18 percent, or by 290,000 bpd, as part of the new #OPEC + production cut deal, president and chief executive Vagit Alekperov told Russia’s news agency Interfax
$LKOD #Lukoil ... Lukoil - Key Highlights From Meeting With CEO: Lukoil CEO Vagit Alekperov met with analysts yesterday to discuss the short-term challenges facing the market and the long-term opportunities. Our main conclusion is that… #equity#stocks