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2010-09-01 00:35

Summary Box: Lukoil's 2Q profit drops 16 pct (AP)

AP - RESULTS: Lukoil, Russia's second-largest oil producer, reported a 16 percent drop in second-quarter profit to $1.9 billion due to a rise in export duties and cost inflation. Higher oil prices lifted sales to $25.8 billion from $20.1 billion a year earlier.

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