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World oil prices reach 50 USD again

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World oil prices reach 50 USD again

WTI (West Texas Intermediate) crude oil price did not change, and remained as last week at 49.33 USD / barrel.

Brent crude oil price increased by 0,44 USD or 0,89% and made 49,76 USD / barrel.

The price of Azeri LT CIF is now 50.87 USD / 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
2016.05.31 / 09:36
Author
Axar.az
See also

Global oil markets show divergent price trends

Oil prices plunge on global markets

Global oil prices extend decline

Gold and silver prices fall on global markets

Light crude reaches $107.77 amid market tensions

D-8 Energy and Climate Center may open in Azerbaijan

Oil prices move in opposite directions

Azeri Light rises to $118.16 per barrel

Azerbaijan's exports to Armenia near $10M in 2026

Oil prices continue to rise globally

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