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World oil prices increased

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World oil prices increased

The price for oil changed on world markets.

The price for barrel of WTI (West Texas Intermediate) crude oil increased by 1,22 USD or 2,81% and amounted to 44,66 USD per barrel.

The price for Brent crude oil also went up in world markets. So, price for this crude increased by 4,33% or 1,89 USD and amounted to 45,52 USD per barrel.

The price of oil brand "Azeri LT CIF" makes 46,24 USD per barrel.

Due to the forecasts, in case price for crude oil to be stable, average price of oil in 2016 expected to make 52 USD per barrel.

Date
2016.05.11 / 10:35
Author
Mehpara Huseynova
See also

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Oil prices rise on global energy markets

Azeri light crude rises to $122.7

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Brent climbs above $118 per barrel

Switzerland’s FDI in Azerbaijan hits significant milestone

Oil prices continue to fall

Azerbaijan’s oil exports reach 3.6M tons in two months

Azerbaijan-US remittances rise sharply in 2025

Azerbaijan’s natural gas exports increase by 5%

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