LUKOIL head of Vagit Alekperov predicts that the medium-term oil price for barrel will be $ 50. He stated this in an interview with Russia-24 as part of the St. Petersburg International Economic Forum.
“We hope that by 2022 the global market will return to 100 million barrels of consumption,” he said. – At prices I have a fairly discreet forecast. Still, we proceed from the medium-term price of $ 50 per barrel. “
LUKOIL oversees the tendency to improve the conjuncture on the oil market, said Alekperov.