London—Lukoil, Russia’s second-largest oil producer, warned late March 27 that its fourth-quarter results, due to be reported April 7, would include some large losses related to currency exchange effects and asset impairments totaling almost $2 billion.“Due to the crisis and extreme volatility in currency and commodities markets during the period, the results will include some impairments and non-routine charges,” Lukoil said in a statement.
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