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OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says

Posted by archive 
'MOSCOW: The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65-$75 were "comfortable" for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output.

In an interview with the Kommersant newspaper published on Tuesday, Vagit Alekperov said curbs on oil output would depend on market conditions.

"Regulation (of output) can be different depending on the situation," Alekperov said.'

- OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says, September 7, 2021



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