Baku 20° C
Minister: Price of oil in medium-term perspective to be 50-60 USD
Energy
- 16 November, 2015
- 12:06
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 16 November. REPORT.AZ/ Price of one barrel of oil in the medium-term perspective at the world market will be 50-60 USD.
Report informs referring to RIA Novosti Agency, Alexander Novak, Russian Energy Minister predicts.
'Prices are affected by various factors. In my opinion, price of one barrel in the medium-term perspective will be 50-60 USD. But if demand in supply and demand balance increases, price may rise. This version is not excluded either. However, I do not want to forecast about it', Energy Minister says.
Author
Nazir: "Neftin ortamüddətli perspektivdə qiyməti 50-60 dollar olacaq"
Министр: Цена на нефть ожидается в 50-60 долларов за баррель в среднесрочной перспективе
Latest News
22:50
Photo
Sabah lose 2-1 to Borussia Dortmund in Champions League
Football
22:36
Canada, Türkiye set to expand cooperation in four areas
Other countries
21:56
Photo
Sahiba Gafarova: TURKPA has become key platform for parliamentary diplomacy
Milli Majlis
21:49
Farida Jabbarova: Truth about fate of over 4,000 Azerbaijanis must reach world
Karabakh
21:13
S&P Global expects sustainable aviation fuel production to rise through 2028
Energy
20:56
Nargiz Gurbanova highlights key areas of Azerbaijan-Hungary ties
Foreign policy
20:31
Hungary has invested about $2 billion in Azerbaijan — ambassador
Foreign policy
20:04
Photo
Azerbaijan, Portugal discuss opening of embassy in Lisbon
Foreign policy
19:58
Azerbaijani diplomat discusses cooperation with Macdonald-Laurier Institute
Foreign policy