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Oil prices continue to fall on markets

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Oil prices continue to fall on markets

On world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 0,30% or 0,15 USD and amounted to 49,33 USD.

It was either price for Brent crude oil declined on world markets. So, price for this crude reduced by 0,54% or 0,27 USD and amounted to 49,32 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 56 USD per barrel.

Date
2016.05.28 / 13:59
Author
Axar.az
See also

Gold prices rise again globally

Oil prices continue to fall

Azerbaijan forex reserves near $88 billion

Oil prices fall sharply on global markets

Gold edges higher on safe-haven demand

Oil prices surge sharply

Aliyev: Azerbaijan–Italy trade reaches $12 billion

Brent crude rises while light crude falls

Baku, Tashkent eye joint precious metals exploration

OPEC+ announces 188,000 bpd output adjustment

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