Baku 30° C
European Commission reduce forecast on oil price
Energy
- 06 May, 2020
- 10:28
The European Commission has reduced its forecast on the average price of the Brent crude for 2020 from $60.4 a barrel to $38.4 a barrel, Report informs, citing the Commission.
The Commission has also cut the forecast for 2021 from $56.9 a barrel to $40.2 a barrel.
Author
Latest News
14:36
Official welcome ceremony held for President Ilham Aliyev in Berlin
Foreign policy14:28
Five dead in factory fire in Sri Lanka
Other countries14:21
Steinmeier highlights talks with Ilham Aliyev in Berlin
Foreign policy14:12
Russia strikes Naftogaz facilities in Kharkiv Oblast
Other countries13:56
Ukraine envoy, UN coordinator discuss cooperation in Azerbaijan
Foreign policy13:42
Goldman Sachs expects Brent prices at $120 in 4Q26
Energy13:31
Azerbaijan reduces car imports from Georgia by 45%
Business13:20
Over 11,000 vehicles produced at Azerbaijan's Hajigabul Industrial Park
Industry13:05