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Wednesday, 19 April 2017 13:00

IMF expects maintenance of oil prices at world markets

IMF expects maintenance of oil prices at world markets

International Monetary Fund (IMF) expects the maintenance of oil prices at world markets in 2017-2018 at the rate of about $55 per barrel, Caspian Energy News (www.caspianenergy.net) reports with reference to the April report of IMF. According to the document, the price per one barrel of oil averaged $42.84 per barrel in 2016. It will reach $55.23 per barrel in 2017 and decline down to $55.06 per barrel in 2018.

More details: http://www.imf.org/en/Publications/WEO/Issues/2017/04/04/world-economic-outlook-april-2017

Person in charge of the newsline: Jeyhun Bayramov 

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