Oil price will not go above $100 in nearest 10 years - Russian oiler

Almaty. June 22. KazTAG - Vagit Alekperov, head of Russian Lukoil, believes that oil cost will not go above $100 per barrel in the nearest 10 years, reports Trend.
"No, we are not even considering this figure. Even in 10 years perspective," he said answering an appropriate question of Russia-24 TV.
As it was reported, the meeting of OPEC+ states will take place on June 23 in Vienna where increase of oil production will be considered. The parties apprehend deficit on the market, and aspire to keep the price within $70-80 per barrel,
Factual reduction of oil production within OPEC+ deal lately has been above the agreed level by 1 mln barrels. Russia and Saudi Arabia propose to enhance the production volume within OPEC+.

Photo source: picture from an open source


adimage