SOCAR: Oil price may be USD 55-70 in 2021

SOCAR: Oil price may be USD 55-70 in 2021
# 14 April 2021 14:15 (UTC +04:00)

Most likely, prices of a barrel of oil may be in the interval of USD 55-70 in 2021, said Deputy Chairman of Public Relations and Events Management Department of SOCAR Ibrahim Ahmadov, APA-Economics reports citing RIA Novosti.

“It seems to me that taking into consideration different factors, hesitation of oil prices between USD 55 and 70 is mostly supposed with a possibility of short-term deviations from the interval,” noted I. Ahmadov.

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