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World oil prices decreased

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World oil prices decreased

The price for oil decreased on world markets.

On world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 0,25% or 0,12 USD and amounted to 48,19 USD.

The price for Brent crude oil declined on world markets. So, price for this crude reduced by 0,71% or 0,35 USD and amounted to 48,93 USD per barrel.

The price of oil brand "Azeri LT CIF" makes 51,16 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
2016.05.19 / 10:52
Author
Mehpara Huseynova
See also

Azeri light crude rises to $122.7

Gold and silver production declines in Azerbaijan

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%

Gold futures rise in commodity markets

Oil prices fall in global markets

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