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Fly News Breaks for February 9, 2016
LUKOY
Feb 9, 2016 | 06:59 EDT
Deutsche Bank analyst Pavel Kushnir downgraded Lukoil and Rosneft to Hold saying the Finance Ministry revived its plans to raise the Mineral Extraction Tax on the Russian oil sector. The government may tax away the benefits that the sector gets as a result of rouble devaluation, Kushnir tells investors in a research note.
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