Reuters News Sep 7 - OPEC + happy with 65-75 Russia No2 headWhile I would be very happy with 60-70....the No 2 in Russia at Lukoil seems to indicate (probably has great connnections) that OPEC + happy with $65-$75
I agree although I would say 65-69.99...once you hit $70 consumers get nervous...lets be honest at $69 all these companies make liquid gold... "OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says"
"MOSCOW, Sept 7 (Reuters) - The head of Russia's No. 2 oil producer Lukoil (LKOH.MM) 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.
Reference:
https://www.reuters.com/business/energy/opec-keen-keep-oil-prices-65-75-barrel-lukoil-chief-says-2021-09-07/