Baku 24° C
BP predicts oil price fall up to $ 55
Energy
- 23 January, 2018
- 11:21
Baku. 23 January. REPORT.AZ/ British Petroleum (BP) considers the current price of $ 6 /bbl is high, believing it will drop to $ 55-60/bbl.
Report informs citing the Russian media, BP chief executive Robert Dudley said at the World Economic Forum in Davos, Switzerland.
Notably, a year ago he said in an interview with Bloomberg agency that oil prices would be $ 55-60 in next two years. At that time, the price was $ 55/barrel.
Notably, BP was established in 1909 and currently is one of the six largest oil and gas companies in the world.
Author
Latest News
23:57
Video
Video on EC president's visit to Azerbaijan posted on President Ilham Aliyev's social media accounts
Foreign policy23:53
Photo
President Ilham Aliyev holds expanded meeting with President of European Commission
Foreign policy23:49
Photo
Video
President Ilham Aliyev and President of European Commission deliver press statements
Foreign policy23:45
Von der Leyen: Azerbaijan to integrate its energy system with EU
Foreign policy23:35
Ursula von der Leyen: EU to allocate €200M for connectivity projects in South Caucasus
Foreign policy23:27
Von der Leyen: EU to propose holding regional connectivity conference in Baku
Region23:18
Ilham Aliyev: Normalization process between Azerbaijan, Armenia progressing productively
Foreign policy23:05
President: Azerbaijan actively investing in transport infrastructure
Infrastructure22:48