BP chief executive : Oil price not to reach $ 100

Şamil Əlibəyli
Post's author

Baku. 24 May. REPORT.AZ/ "In the near future, I do not believe that the price of one barrel of oil in the world market will reach $ 100."

Report informs citing the Russian press, the chief executive of BP, Robert Dudley, said at the International Economic Forum in St. Petersburg.

"If there is any political limitation on the sale of oil, its price will reach $ 100, but it is unlikely to happen," he said.

Latest news

6th World Forum on Intercultural Dialogue in Baku ends 2 May, 2024 / 17:21
President Ilham Aliyev receives Deputy Speaker of Russian Federation Council and Chairman of State Duma Committee 2 May, 2024 / 17:18
Director General of ICESCO appreciates 6th World Forum on Intercultural Dialogue in Baku 2 May, 2024 / 17:14
Mikayil Jabbarov: Volume of cargo transportation from Uzbekistan to Azerbaijan to grow to 1M tons per year 2 May, 2024 / 17:13
Samir Sharifov: Energy transition important for countries like Azerbaijan 2 May, 2024 / 17:07
Minister: COP29 highlights Azerbaijan's commitment to mobilize climate action 2 May, 2024 / 16:54
CEC chairman: Parliamentary elections in Azerbaijan may be brought forward 2 May, 2024 / 16:42
Ferries should be modernized due to shallowing of Caspian Sea 2 May, 2024 / 16:34
Italy working together with Azerbaijan to achieve peace in South Caucasus 2 May, 2024 / 16:32
Uzbek Parliamentarian: ‘Proposals related to the protection of cultural heritage were voiced at the forum held in Baku’ 2 May, 2024 / 16:29
Malaysian Senate representative: Cultural diplomacy serves as powerful tool to foster global connections 2 May, 2024 / 16:26
Jean-Marie Paugam: Trade can stimulate spread of green technologies 2 May, 2024 / 16:15
Azerbaijan’s deputy PM expected in Russia for visit 2 May, 2024 / 16:10
ADB rep: Co-op on climate change very important 2 May, 2024 / 16:07
ADB: CAREC’s critical mineral reserves create opportunities for global energy production 2 May, 2024 / 16:06