Lukoil Expects OPEC+ Deal to be Extended after March

Russia's number two oil producer Lukoil expects the deal between OPEC and other large producers to limit oil output to be extended beyond March, Interfax news agency cited its chief executive as saying on Thursday.

The pact is currently due to expire at the end of March. CEO Vagit Alekperov also said the company's investments currently stand at 650-670 billion roubles (US$10.5-US$10.8 billion).