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PJSC LUKOIL (LKOH.ME)

MCX - MCX Real-time price. Currency in RUB
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3,911.00-45.00 (-1.14%)
At close: 06:49PM MSK
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  • Reuters

    Italy issues 'comfort letter' to avert Lukoil refinery's shutdown

    ROME (Reuters) -Italian authorities on Friday provided Lukoil with a "comfort letter" to help a refinery it owns in Sicily get bank financing to buy non-Russian oil and remain operational, staving off worries sanctions could shut it down. Lukoil's ISAB refinery in the southern island of Sicily accounts for around 20% of Italian refining capacity and an embargo on seaborne Russian oil that comes into force on Dec. 5 was likely to endanger its activities. ISAB has been forced to rely solely on Russian oil after creditor banks halted financing and stopped providing guarantees needed to buy oil from alternative suppliers.

  • Bloomberg

    Ukraine Latest: Martial Law Extended, Fuel Tax to Make Comeback

    (Bloomberg) -- Ukraine’s parliament voted to extend martial law and military mobilization by another 90 days through Nov. 21, measures put in place after Russia invaded the country on Feb. 24.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedThese Six Cities Are Emerging as New Expat Hot SpotsSingapore’s Next Premier

  • Bloomberg

    Russia's Oil Deliveries to China and India Are 30% Below Peak

    (Bloomberg) -- There are tentative signs that Russia's diversion of crude oil to Asia from long-time European customers is faltering. Shipments to China and India are down by almost 30% from their post-invasion peak.While it’s too early to say with confidence that self-sanctioning and pressure from the US on India, China and other buyers will have a sustained impact, there are early signs that the Asian nations may not be able to fully replace Russia’s European buyers. The trend is seen most cle