The head of LUKOIL allowed the market to collapse when oil was more than $ 100 per barrel

According to him, I would not like to see such prices again.

“This can stimulate investments in low-profit, ineffective projects and then again lead to what we have already gone through - the collapse of the market,” Alekperov said.

He noted that the cost in the corridor of $ 65-75 per barrel is comfortable for consumers, and the OPEC + countries are aiming at preserving it.

Earlier it was reported that Brent futures for November delivery are trading at around $ 72.5 per barrel.