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Azerbaijani gov’t forecasts $10 decline in oil price in next four years

Azerbaijani government says the oil price will make up $50 a barrel in 2017.

According to the concept of socio-economic development and the forecast figures of Azerbaijan for 2018 and next 3 years, the oil price will be $45 in 2018 and $40 in 2019, 2020 and 2021.

 

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