ECONOMY


SOCAR President: In next two years oil prices will range between $65-75

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Baku, July 23, AZERTAC

"In the next two years oil prices will range between $65-75," said SOCAR President Rovnag Abdullayev.

According to him, oil prices depend on political rather than economic factors.

Abdullayev said the fall of oil prices below $60 led to the suspension of 50% of the work in the global industry.

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