OGZPY - Lukoil: Best Russian Oil Play
Lukoil (LUKOY) is the major Russian oil company that was created just before the formal collapse of the Soviet Union. Currently, the company’s business is slowly rising due to the increased demand for oil, and I think that its stock has all the chances to increase in value in the years to come, as Lukoil plans to invest $80 billion in various oil projects, the majority of which are going to be in Russia and reward its shareholders through buybacks and dividend raise.
According to Goldman Sachs, the prices for Brent crude