According to the forecasts of the Azerbaijani government, in 2021-2023 the average price of one barrel of oil in world markets will be 55 US dollars, APA-Economics reports quoting the Budget Package of Azerbaijan Republic for 2020.
In 2019 this figure was USD 60, for 2020 and the next two years it is forecasted at USD 55.
Last year, the price of a barrel of oil on world markets varied within USD 71.1.