A record number of experts forecasting growth in oil prices

Cavid Əzimov
Author

Baku. 16 May. REPORT.AZ/ The number of analysts who predict oil prices to rise reached a historical maximum. 

Report informs, according to the poll conducted by Bloomberg among analysts, those who believe oil prices will rise as of May 11 made 71.4%. Notably a week ago the figure was 56.7%, in April 27 - 48.5%.

Also, a number of analysts who predict rise in gold price made 35.3%, while 23.5% of them forecast a decrease.

Notably, Bloomberg conducts a weekly poll.

Other News

Budget revenues in Azerbaijan from state property privatization up 10.7% 15 October, 2026 / 12:28
Azerbaijan's banking sector capital position shows mixed trends 15 October, 2026 / 12:24
Azerbaijan to reform market for introduction of Islamic finance 15 October, 2026 / 12:22
Azerbaijan's financial sector grows 7% in 1H2026 15 October, 2026 / 11:59
CBA currency exchange rates (15.10.2026) 15 October, 2026 / 09:20
Key indicators of world commodity, stock, and currency markets (15.10.2026) 15 October, 2026 / 09:03
Gold prices fall sharply as stronger US inflation boosts dollar 14 October, 2026 / 23:30
Davr Bank renamed ABB Davr Bank as management is restructured 14 October, 2026 / 21:56
Azerbaijani delegation attends IMF, World Bank Annual Meetings in Bangkok 14 October, 2026 / 19:55
Kazakhstan's new IMF contribution to benefit Azerbaijan 14 October, 2026 / 18:11
Azerbaijan, Chile discuss cooperation in financial markets 14 October, 2026 / 16:28
IMF provides strategic planning recommendations to Azerbaijan's Central Bank 14 October, 2026 / 15:54
Azerbaijani delegation participates in annual meetings of WB/IMF in Bangkok 14 October, 2026 / 10:15
CBA currency exchange rates (14.10.2026) 14 October, 2026 / 09:20
Key indicators of world commodity, stock, and currency markets (14.10.2026) 14 October, 2026 / 09:08
Average monthly salary in Nakhchivan rises 6.1% 13 October, 2026 / 16:22
Fitch: High returns on equity drive CIS+ banks to make acquisitions abroad 13 October, 2026 / 16:19
Azerbaijan preparing amendments to legislation on crypto assets 13 October, 2026 / 15:41
Central banks of Azerbaijan and Uzbekistan discuss prospects for further cooperation 13 October, 2026 / 15:19
GDP of Azerbaijan's Nakhchivan up 3.5% in Jan-Sept 2026 13 October, 2026 / 15:09