The event will feature eight exciting races, with Zabeel Mile (Group 2) as a main feature
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Russia's Lukoil sees no need to cut crude output in 2019, CEO Vagit Alekperov said on Monday, as global producers discuss the situation in oil markets.
Russia is part of a group of Opec and non-Opec oil-producing nations that teamed up 2 years ago in an effort to rebalance the market. The group first decided to cut output but changed course in June as prices spiked on fears of a shortage.
Vagit Alekperov, head of Russia's second-biggest oil producer Lukoil, told reporters he saw no need for a cut next year. "I don't see any point in cutting ... So far I don't see any necessity for this," he told reporters in Abu Dhabi.
The event will feature eight exciting races, with Zabeel Mile (Group 2) as a main feature
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