Baku 19° C
Russian energy minister: Oil prices unlikely to return to levels of three years ago
Energy
- 24 January, 2018
- 13:16
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 24 January. REPORT.AZ / Oil price is unlikely to return to the levels of three years ago.
Report informs citing the RIA Novosti, Russian energy minister Alexander Novak said.
"Current prices are based on the fundamental factors of oil market: $ 60/barrel level reflects the oil market objectively. Current forecasts are more optimistic compared to one year ago. At that time it was supposed that prices will be at $ 50-55/barrel”, he said.
Author
Rusiyanın energetika naziri: "Neftin qiyməti, çətin ki, 3 il əvvəlki səviyyəyə qayıtsın"
Министр энергетики России: Цены на углеводороды вряд ли вернутся на уровни трехлетней давности
Latest News
21:17
Azerbaijani judoka wins silver at Abu Dhabi Grand Slam
Individual sports
21:14
Armenia-Azerbaijan peace process discussed in Bahrain
Region
20:20
Video
Erdoğan: Türkiye to continue efforts to ensure security in Black Sea
Region
19:14
Azerbaijani wrestler Arsenii Dzhioyev wins world championship silver in Astana – Updated-3
Individual sports
17:54
President Ilham Aliyev's official social media accounts: A reminder to readers
Domestic policy
17:43
Startups act as engine of economic growth, transformation, Azerbaijani deputy minister says
ICT
17:26
Sustainable energy supply vital for startup ecosystem formation, official says
Energy
17:07
Azerbaijan expanding use of AI for research, workforce development
ICT
16:49
Azerbaijan welcomes nomination of OSCE SecGen for UN chief post
Foreign policy