Saudi Arabia’s energy minister: Oil price may reach $60 a barrel by year-end

Saudi Arabia’s energy minister: Oil price may reach $60 a barrel by year-end
# 10 October 2016 10:34 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Oil price may reach $60 a barrel b the year-end, Saudi Arabia's Energy Minister Khalid al-Falih said at the 23rd World Energy Congress in Istanbul.

The minister added that the prices are not set by them: “We base on balance between demand and supply. We need correct and effective investing”.

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