World Bank lowers its forecast for 2023 oil prices
Energy
- 06 June, 2023
- 14:18
Add Report.az to preferred Google sources
Stay up to date with the top news!
The World Bank lowered its 2023 oil price forecast to $80 per barrel, and improved the 2024 estimate to $82 per barrel, Report informs via Prime.
The price forecast for 2023 is reduced by $8 per barrel compared to the January forecast, and for 2024 it is increased by $2 per barrel.
In 2025, the World Bank expects oil prices to rise to $84.4 per barrel.
Latest News
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science
22:15
Photo
Azerbaijani photo club continues 'landmine-free world' campaign in Sarajevo
Foreign policy
21:59
Shaffer: Military outcome paved way for Armenia-Azerbaijan peace
Foreign policy
21:31
29 foreign ministers accuse Iran of hostile hybrid activities
Other countries