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The price of oil on world markets

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The price for oil increased on world markets.

On the world markets, price for barrel of WTI (West Texas Intermediate) crude oil increased by 0,59 USD or 1,24% and amounted to 48,31 USD per barrel.

The price for Brent crude oil also went up on world markets. So, price for this crudeincreased by0,63% or 0,31 USD and amounted to 49,28 USD per barrel.

The price of oil brand "Azeri LT CIF" makes 50,73 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 55 USD per barrel.

Date
2016.05.18 / 09:58
Author
Mehpara Huseynova
See also

Oil prices rise in global markets

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Oil prices rise on global markets

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Oil prices keep rising globally

Oil prices keep rising in global markets

Oil prices rise again

Oil prices edge down

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