NEW DELHI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and …
Read More »Lukoil returns to quarterly profit on crude-price recovery
Bloomberg Lukoil PJSC returned to profit in the fourth quarter after crude prices rallied. Russia’s No. 2 oil producer reported net income of 46.6 billion rubles ($786 million), compared with a loss of 65 billion rubles a year earlier. That beat the 45 billion-ruble average estimate of seven analysts surveyed by Bloomberg. Revenue held steady at 1.4 trillion rubles. …
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