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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
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