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World oil prices continue to decline

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The price for oil changed on world markets.

On world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 2,52% or 1,13 USD and amounted to 43,65 USD.

The price for Brent crude oil declined on the world markets. So, price for this crude reduced by 1,88% or 0,86 USD and amounted to 44,97 USD per barrel.

The price of a barrel of Azeri Light crude oil decreased $2.23 to stand at $45.81 on the world markets.

Due to the forecasts, in case price for crude oil to be stable, average price of oil in 2016 expected to make 50 USD per barrel.

2016.05.04 / 10:12
Mehpara Huseynova
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