Exxon changes forecast for oil prices
Energy
- 26 November, 2020
- 13:37
Exxon Mobil has downgraded its overall oil price forecast for the next decade, Report says, citing the WSJ.
As part of internal financial planning, predictions for each of the next seven years have been reduced by 11-17 percent.
In June this year, BP Plc reduced oil and gas prices for 2021-2050 and announced that Brent crude would be sold for $ 55 during that period. In July, Eni lowered its 2023 forecast for Brent oil from $ 70 to $ 60.
Latest News
21:03
Photo
Azerbaijan, Netherlands hold first consular consultations
Foreign policy20:42
Azerbaijan, Netherlands hold another round of political consultations in the Hague
Foreign policy20:21
Northern Cyprus highly appreciates Azerbaijan's support
Foreign policy19:57
UN, Azerbaijan discuss strengthening cooperation on climate issues
Foreign policy19:42
UKMTO reports attack on vessel in Gulf of Oman
Other countries19:16
Hikmat Hajiyev: Azerbaijan is a reliable partner of NATO
Foreign policy19:11
France shuts down two nuclear reactors amid record heatwave
Other countries18:44
Photo
Azerbaijan Army servicemen participate in Anatolian Eagle-2026 International Exercise
Military18:34
Photo