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World oil prices continue to decline

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World oil prices continue to decline

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

Azerbaijan delivers 105M cubic meters of gas to Syria

Azeri light crude drops 5.57%, hits 116.05 USD

Crude plunges as global markets react to Trump

Gold futures drop to $4,340 on COMEX

United Airlines to cut flights amid soaring fuel costs

Oil prices rise on global energy markets

Azeri light crude rises to $122.7

Gold and silver production declines in Azerbaijan

Brent climbs above $118 per barrel

Switzerland’s FDI in Azerbaijan hits significant milestone

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