BRUSSELS, March 2 (Reuters) - Vice president of Russia's Lukoil oil producer, Leonid Fedun, said on Monday he expects OPEC+ to cut oil output by more than 1 million barrels per day in addition to existing restrictions.
He told reporters the coronavirus outbreak had hit oil demand but will have only a short-term impact and he believed that the Brent price would rise to over $60 per barrel in mid March.
"It is a pretty short-term impact in my view," he said.
He also said he expected Russia, which is a part of OPEC+ global output cut deal, to cut its oil output by around 200,000-300,000 barrels per day. (Reporting by Vladimir Soldatkin, writing by Maria Tsvetkova; editing by David Evans)