Baku 16° 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
08:28
Mirzoyan: Declared peace should bring tangible benefits beyond region
Region
08:10
Photo
Video
Nine killed in plane crash in the US
Other countries
07:59
Azerbaijani wrestler Ali Tsokayev claims bronze at World Championships
Individual sports
07:43
Dakar 2026: Azerbaijani judoka Ibrahim Talibov wins gold medal
Individual sports
07:30
Photo
Azerbaijan, Suriname discuss expansion of bilateral cooperation
Foreign policy
07:22
Video
Summary of Azerbaijani President's weekly activities posted on his social media accounts
Domestic policy
07:09
Photo
First Vice-President Mehriban Aliyeva watched 'Thikra: Night of Remembering' production
Cultural policy
07:07
Photo
'Ancient stone, modern memory' and 'Radius of responsibility' projects presented
Cultural policy
17:55
Germany fails to meet gas storage target as winter approaches
Other countries