“No one can say that how the oil price will be. Oil price depends on political, geopolitical and economic factors. Therefore, we think that the oil price will not below its base price. Current price is at the lowest level”, Abdullayev said.
According to SOCAR President’s forecasts, the oil price will stabilize in the second half of the current year.
SOCAR President: "Oil price will stabilize in the second half of 2015"
28 April 2015
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