Baku 18° C
IMF announces predictions on average oil prices for next years
Energy
- 21 September, 2019
- 07:45
Add Report.az to preferred Google sources
Stay up to date with the top news!
The International Monetary Fund (IMF) forecasts average oil price at $63.5 a barrels for the end of 2019, Report informs referring to the IMF.
In 2020 the oil price is forecasted to down $3.6 or 5.7% to $59.9 a barrels.
The IMF predicts that the oil price will be $58.0 a barrel in 2020, which is down $1.9 or 3.2% from previous year. For 2022-2023, the average oil price is expected to be $57.2, down $0.8 or 1.38% from 2021.
In 2024 the oil price is forecasted to go up by $0.4 or 0.7% to 57.6 a barrel.
Author
İMF növbəti illər üçün neftin orta illik qiymətlərinin proqnozlarını açıqlayıb
МВФ обнародовал прогнозы среднегодовых цен на нефть до 2025 года
Latest News
15:43
Uzbekistan draws on Azerbaijan's experience to reform public services
Foreign policy
15:38
Suriname seeks closer ties with businesses and educators to diversify economy
Foreign policy
15:32
Italian FM to visit Azerbaijan in late November - Exclusive
Foreign policy
15:27
Global South Youth Platform expands to 40 countries
Foreign policy
15:23
OIC Labor Center uses AI to enhance labor mobility, employment services
Foreign policy
15:21
Kenya digitizes more than 23,000 government services
Foreign policy
15:18
African countries should resolve fundamental issues to benefit from AI
Foreign policy
15:15
Exclusive: Georgia seeks aquaculture cooperation with Azerbaijan, Gubianuri says
AIC
15:07
Non-sovereign financing by IFIs in Azerbaijan jumps 4.4 times in Q3 2026
Finance