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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.

Date
2016.05.04 / 10:12
Author
Mehpara Huseynova
See also

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

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Oil prices keep climbing on world markets

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Global oil prices decline

Oil prices continue to climb in global markets

Oil prices keep rising in global markets

Gold nears $3,700 in global markets

Oil prices keep climbing in global markets

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