World oil prices increased on markets

Baku. 25 May. REPORT.AZ/ On the world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 0,54 USD or 1,12% and amounted to 48,62 USD per barrel.

Report informs, price for Brent crude oil also went up on world markets. So, price for this crude increased by 0,54% or 0,26 USD and amounted to 48,61 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 56 USD per barrel.