WTI oil price decreased by 4%

Baku. 20 February. REPORT.AZ/ At the world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 1,13 USD or 3,67% and made 29,64 USD.

Report informs, price for Brent crude oil reduced by 3,70% or 1,27 USD and amounted to 33,01 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 34 USD per barrel.