How expected global growth in Premium Euro-95 gasoline prices will impact Azerbaijani economy?

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Azer News

By Trend The gasoline prices are expected to grow from the currentaverage of $1.47 per liter against the backdrop of the currentgeopolitical situation in the World, Trend reports. According to experts, there are three main reasons for risingfuel prices. Firstly, this is due to the rise in oil prices. Asit’s known, 50 percent of gasoline consists of crude oil, which isthe main ingredient, and now it became much more expensive. Oilprices are forecasted to continue rising. Thus, Fitch Solutions upgraded its Brent oil price forecast to$105 per barrel for the end of 2022 compared to $100 per barrel…

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