Saudi Arabia expects crude prices fall down
Energy
- 04 December, 2014
- 14:04
Baku. December,4. REPORT.AZ/ Saudi Arabia expects oil crude prices to fall at around 60 USD per barrel.
Report informs referring foreign media, Saudi Arabia, as well the biggest oil producer organization - OPEC (Organization of the Petroleum Exporting Countries) expect crude price at around 60 USD per barrel.
As well experts consider that, if prices drop down below 60 USD per barrel, it won’t be for a long time.
Brent and WTI are both higher today at $70.99 and $67.76, respectively.
Latest News
13:53
Kazakhstan ratifies green corridor agreement with Azerbaijan, Uzbekistan
Energy13:44
Azerbaijan's PM Ali Asadov meets with ICF President Thomas Konietzko
Foreign policy13:39
Erlan Aqkenjenov: Kazakhstan plans to export 1.5 to 2.2 M tons of oil via BTC
Energy13:33
Samaddin Asadov: Azerbaijan in talks with Amazon, Google, Microsoft to establish AI center
AIC13:19
Baku Initiative Group to hold Geneva conference on Sikh human rights
Foreign policy13:06
Australia closes several embassies in Middle East amid fears of Iran war escalations
Other countries13:01
10 killed in airstrikes in Lebanon
Other countries12:59
Azerbaijan to introduce 33 new modules in agricultural sector
AIC12:55