SOCAR Trading rep: Oil market participants must adapt to changing economic realities

Tunjay Turbandazada
Author

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.

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