UP

In coming year maximum oil price will be 55 USD

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
In coming year maximum oil price will be 55 USD

The price of crude oil on the world market within a year will be 40-50 USD/barrel range or will reach a maximum level of 55 USD.

Arzu Azimov, CEO at SOCAR Trading SA said.

According to A.Azimov, when prices go up, American companies increasing oil output The fact that when prices are rising rapidly, American oil companies increasing production. Therefore, the market price of crude oil will remain at 40-50 USD, maximum will reach 55 USD."

The main traders believe that the oil production more than expected in the United States and oil production in Iran and Saudi Arabia will cause imbalance in the prices for at least 6 months.

Date
2016.09.08 / 19:59
Author
Axar.az
See also

Global oil prices have been announced

Russian military losses updated on day 1498

Global oil prices have been announced

Azeri light crude reaches 128 dollars

Azeri light crude jumps to $124.24 per barrel

Global oil prices rise amid regional tensions

Azeri light crude falls to 113.7

Azerbaijan delivers 105M cubic meters of gas to Syria

Azeri light crude drops 5.57%, hits 116.05 USD

Crude plunges as global markets react to Trump

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla