Russia’s Economic Development Minister: Oil price will fall to $50
Energy
- 22 November, 2018
- 12:27
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 22 November. REPORT.AZ/ Oil price in the long-term future will fall to $50 a barrel by 2025-2030, Russian Economic Development Minister Maksim Oreshkin told journalists after the governmental meeting on discussion of a long-term macro-forecast by 2036, Report informs.
"By our estimates, the oil price will be $50 a barrel in the period up to 2025-2030 and remain at this level," the minister noted.
Latest News
18:10
President Ilham Aliyev's social media accounts feature Lao leader's official visit
Foreign policy
18:07
Photo
Presidents of Azerbaijan and Laos deliver press statements - UPDATED
Foreign policy
17:51
Nakhchivan's foreign trade turnover up over 67%
Business
17:48
Ukrainian MP thanks Azerbaijani President for humanitarian aid
Other countries
17:44
Shavkat Mirziyoyev to arrive in Azerbaijan tomorrow
Foreign policy
17:44
Azerbaijani MPs voice concern over recent statements in Türkiye
Milli Majlis
17:39
ECO transport ministers to gather in Astana to approve long-term strategy
Infrastructure
17:34
US Embassy congratulates Azerbaijan's judokas on World Championship success
Individual sports
17:29
Azerbaijan's gasoline and diesel retail sales rise 4% in January-September
Energy