World Bank forecasts oil price at $74 a barrel in 2019
Energy
- 31 October, 2018
- 13:49
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 31 October. REPORT.AZ/ Average oil price is forecasted to be at $74 a barrel in 2019, Report informs citing World Bank’s Commodity Markets Outlook published in October.
According to the outlook, average oil price is predicted to go up from $72 a barrel to $74 a barrel in 2019: "Oil output will increase in US, reduce in Iran and Venezuela. Global demand will remain stable."
Dünya Bankı: 2019-cu ildə neftin orta qiyməti 74 dollar/barel olacaq
Всемирный банк: Средняя цена нефти в 2019 году составит 74 доллара за баррель
Latest News
21:17
Video
President Ilham Aliyev's social media accounts shared video on inauguration of Trans-Caspian Fiber-Optic Cable Line
Foreign policy
21:07
Photo
Baku hosted 7th CICA Summit, President Ilham Aliyev addressed the event - Updated
Foreign policy
21:00
Pakistan congratulates Azerbaijan on successful CICA summit
Foreign policy
20:37
Uzbek President Shavkat Mirziyoyev concludes working visit to Azerbaijan
Other countries
20:24
Azerbaijan's secular state model receives support on Turkish social media
Analytics
20:06
Photo
Sites of Memory of Western Azerbaijan: Kichik Mazra villagers subjected to massacre, deportation by Armenians
Domestic policy
19:41
IEA members to release more than 400 million barrels from strategic reserves
Other countries
19:22
ASAN service experience may be introduced in Iraq
Foreign policy
19:07
Photo
CIS social protection officials visit DOST Inclusive Development and Creativity Center
Social security