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World oil prices decreased

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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
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