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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

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Azerbaijan to halt AI-95 gasoline production in 2026

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OPEC+ to boost output by 137,000 barrels

Turkish refineries cut reliance on Russian oil

OPEC+ to decide December oil output plan today

Oil prices rise in global markets

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Oil prices rise again

Oil prices keep falling in global markets

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