Goldman Sachs: Oil price to make up 60% next year

Kanan Sadigov
Post's author

US Goldman Sachs investment bank forecasts oil price at $60 a barrel in 2020, Report informs citing foreign media.

The experts of the bank say the global daily oil demand in 2020 will be 1.2 million barrels more than this year's. 

Latest news

Information about Azerbaijan's landmine problem presented in UN Security Council 22 May, 2024 / 20:51
US crude oil inventories increase by 1.8 million barrels 22 May, 2024 / 20:48
Israel's consulate in Munich attacked, consul general say 22 May, 2024 / 20:35
UK's Sunak calls UK election for July 4 22 May, 2024 / 20:28
US, Riyadh plan to close part of deal to normalize ties between Saudi Arabia and Israel 22 May, 2024 / 20:25
President of Tajikistan visits Alley of Martyrs in Baku 22 May, 2024 / 20:15
Israeli Air Force struck 130 targets across Gaza over past day 22 May, 2024 / 20:07
Azerbaijan Army servicemen take part in courses held in Türkiye 22 May, 2024 / 20:05
President of Tajikistan visits grave of National Leader Heydar Aliyev in Alley of Honors 22 May, 2024 / 19:51
Azerbaijani Ambassador to Bulgaria visits Iranian Embassy 22 May, 2024 / 19:49
OPEC+ countries to discuss situation on oil market in early summer 22 May, 2024 / 19:44
One child dead, several others injured as cyclone hits Kenya 22 May, 2024 / 19:36
Investments and launch dates for Uzbekistan's construction of textile cluster in Azerbaijan revealed 22 May, 2024 / 19:28
Azerbaijan's foreign minister, prime minister attend farewell ceremony for Iran's Raisi 22 May, 2024 / 19:28
South Africa to continue to use military to maintain order in country 22 May, 2024 / 19:06