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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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Euro falls while ruble rises against manat

Oil prices surge on global markets

Azerbaijan boosts oil exports to Bulgaria in early 2026

Global oil prices continue to fall

Oil prices plunge after Iran opens Strait of Hormuz

Global oil prices announced

Rail transport of food products up 51% in March

Azeri Light drops nearly 6% in value

Russia’s oil export revenues jump to $19B in March

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