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World oil prices increased

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World oil prices increased

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 edge down slightly in global markets

Oil prices rise again

Oil prices keep falling in global markets

Russian Central Bank raises dollar exchange rate

Oil prices decline on global markets

Global stocks rally on US-China trade optimism

Oil prices rise again on global markets

Oil prices show mixed movement in global markets

Oil prices keep rising in global markets

Oil prices rise again on world markets

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