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Oil prices up by 4%

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Oil prices up by 4%

At the world markets price for barrel of WTI (West Texas Intermediate) crude oil increased 3,91% or 1,35 USD and amounted to 35,92 USD.

The price for Brent crude oil increased by 4,45% or 1,65 USD and amounted to 38,72 USD per barrel.

Due to forecasts, in case price for crude oil to be stable, average price of oil in 2016 expected to make 41 USD per barrel.

Date
2016.03.05 / 09:20
Author
Axar.az
See also

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Global oil prices continue downward trend

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Global oil prices extend decline

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Azerbaijan to finance 86.9% of 2027 deficit through borrowing

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