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LUKOY - Lukoil: It's Not That Straightforward As You Might Think
PJSC Lukoil ADR
The stock is currently close to its March levels and may look like an appealing buy.
However, restrictive measures around the world will negatively affect traffic and will consequently hit oil demand, not mention factors on the supply side.
There's also a serious risk that seems to be overlooked by the broader audience.