Posts filtered by tags: Hayal Ahmadzada Socar[x]


 

Socar Trading Head Expects Oil to Hit $80 a Barrel This Year - Bloomberg

Socar Trading Head Expects Oil to Hit $80 a Barrel This Year - Bloomberg Oil prices will hit $80 a barrel this year as demand comes roaring back and producers won’t be able to immediately respond with sufficient supply, Socar Trading SA said, joining a chorus of bullish calls on the market.Hayal Ahmadzada, Socar’s chief trading officer, said the glut of excess oil stocks that built up in 2020 in response to the pandemic will be fully drawn down by the summer. At the same time, soaring prices for...
Tags: Travel, Bloomberg, Baku Azerbaijan, State Oil Company, Rupert Neil Bumfrey, Bloomberg Oil, Socar Trading Head Expects Oil, Socar Trading SA, Hayal Ahmadzada Socar, Ahmadzada, Azerbaijan Republic Geneva, Socar Trading