Lukoil CEO Vagit Alekperov said Thursday he saw no need for the OPEC/non-OPEC producer coalition to raise crude output, given the recent fall in oil prices, and indicated he would like the current supply agreement to be maintained past its expiry at the end of this month. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Speaking at the St Petersburg International Economic Forum, Alekperov said a Brent price between $60-70/b was “comfortable…Today it is at the lowest range, so we hope that those efforts that our ministers are making will allow it to rise to the highest level of the range.” Front-month ICE Brent futures have tumbled about 19% in the past four weeks on global economic concerns and were trading at $61.17/b at 1113 GMT. OPEC and 10 non-OPEC allies led by Russia agreed in December to cut a combined 1.2 million […]