Baku 22° C
Fitch Ratings predicts 34% rise in crude oil prices this year
Energy
- 18 March, 2021
- 11:40
Add Report.az to preferred Google sources
Stay up to date with the top news!
The prices of crude oil are expected to increase by $14.7 or 33.9% to stand at $58 a barrel, Fitch Ratings said in its report published on Wednesday.
The report says this figure was $43.3 a barrel last year: “In 2022, the prices are estimated to fall by 8.62% to $53 a barrel.”
Author
“Fitch”: Bu il dünya bazarında xam neftin qiyməti 34 % artacaq
Fitch: Цены на сырую нефть на мировом рынке в этом году вырастут на 34%
Latest News
23:49
Azerbaijan publishes Medium-Term Expenditure Framework for 2027-2030
Finance
23:32
Three dead, over 3,000 rescued amid severe flooding in Istanbul
Region
22:53
US expands sanctions against Iran, targets Cuban and Iraqi banks
Other countries
22:22
Papuashvili: Foreign funding transparency protects democracy and sovereignty
Foreign policy
22:05
US crude oil inventories fall by 8.6 million barrels
Other countries
21:38
Photo
Azerbaijani weightlifter Fuad Hasanov wins three medals at European Championships
Individual sports
21:17
Video
President Ilham Aliyev's social media accounts shared video on inauguration of Trans-Caspian Fiber-Optic Cable Line
Foreign policy
21:07
Photo
Baku hosted 7th CICA Summit, President Ilham Aliyev addressed the event - Updated
Foreign policy
21:00
Pakistan congratulates Azerbaijan on successful CICA summit
Foreign policy