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Lukoil Shares Up 44 Percent

Russian oil major Lukoil's shares gained 44 percent this year

Lukoil Shares Up 44 Percent

Russian oil major Lukoil?s shares gained 44 percent this year, according to Bloomberg.

The company?s first-quarter profit jumped 44 percent, boosted by a 2.7 percent increase in exports and by higher prices. The company raised oil output by 5.1 percent in the first half to an average of 1.79 million barrels a day.

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