​Oil prices up by 4%

Baku. 5 March .REPORT.AZ/ 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.

Report informs, 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.