SOCAR Trading rep: Oil market participants must adapt to changing economic realities

SOCAR Trading rep: Oil market participants must adapt to changing economic realities 111
Energy
March 26, 2025 17:14
SOCAR Trading rep: Oil market participants must adapt to changing economic realities

Economic factors and trade issues continue to affect the stability of oil prices, acting CEO for trading at SOCAR Trading, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), Taghi Taghi-Zada, said at the Financial Times Commodities Global Summit 2025 in Lausanne (Switzerland), Report informs.

He noted that oil market participants must pursue a flexible strategy to adapt to changing economic and trade realities.

The summit is attended by more than 85 speakers and 450 delegates from the energy sector.

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