Bank Of Baku

Samir Sharifov: “Oil price decline below $25 is contrary to economic logic”

Samir Sharifov: “Oil price decline below $25 is contrary to economic logic”
# 28 January 2016 14:15 (UTC +04:00)

According to him, market price of the oil in 2016’s amended budget makes $25 a barrel: “This is a conservative approach. Oil price decline below $25 is contrary to the economic logic”

 

Sharifov added that oil price may be increased in the second half of 2016.

 

 

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