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World oil prices increased

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The price for oil increased on world markets.

At the world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 1,51 USD or 3,27% and amounted to 47,72 USD per barrel.

The price for Brent crude oil also went up in world markets. So, price for this crude increased by 2,36% or 1,13 USD and amounted to 48,97 USD per barrel.

The price of oil brand "Azeri LT CIF" makes 50,30 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 54 USD per barrel.

Date
2016.05.17 / 10:24
Author
Mehpara Huseynova
See also

Oil prices dip slightly on global markets

Oil prices dip slightly on global markets

Global oil prices see slight increase

Oil prices keep falling globally

Oil prices tumble on global markets

Oil prices rise again on global markets

Oil prices fall again on global markets

Oil prices keep climbing globally

Oil prices keep rising globally

Oil prices rise again on global markets

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