Economic factors and trade issues continue to affect the stability of oil prices, acting CEO for trading at SOCAR Trading, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), Taghi Taghi-Zada, said at the Financial Times Commodities Global Summit 2025 in Lausanne (Switzerland), Report informs.
He noted that oil market participants must pursue a flexible strategy to adapt to changing economic and trade realities.
The summit is attended by more than 85 speakers and 450 delegates from the energy sector.
