Oil prices increased in world markets

Tural Ibadli
Author

Baku. 28 January. REPORT.AZ/ On January 27, at the world markets price for barrel of WTI crude oil went up by 2,34% or 1,0888 USD and amounted to 46,23 USD.

Report informs, either price for Brent crude oil rose in the world markets. So, price for this crude increased by 2,90% or 1,44 USD and amounted to 49,60 USD.

Due to the forecasts, in case price for crude oil to be stable, average price of oil in 2015 expected to make 53 USD per barrel. 

Other News

Milli Majlis committee endorses bill on Absheron offshore block 06 November, 2026 / 18:35
AZN 434 million to be allocated for reconstruction of Heydar Aliyev Oil Refinery in 2027 06 November, 2026 / 18:00
Kazakhstan extends ban on fuel exports by road for six months 06 November, 2026 / 12:36
Azeri Light crude nears $107 per barrel 06 November, 2026 / 10:07
Azerbaijan, Ukraine adopt cooperation plan at Uzhhorod meeting 06 November, 2026 / 09:40
Brent exceeds $100 06 November, 2026 / 09:31
Israel and Germany sign energy cooperation program for 2027 05 November, 2026 / 20:47
Kazakhstan plans to export 1.7 million tons of oil via BTC in 2027 05 November, 2026 / 19:29
Azerbaijan, Ukraine discuss 1,000 MW power plant in Mingachevir 05 November, 2026 / 14:20
Parviz Shahbazov: Baku aims to deepen energy partnership with Kyiv 05 November, 2026 / 14:16
Oil prices fall as US election results shift market outlook 05 November, 2026 / 09:59
Azeri Light oil price falls to $106 05 November, 2026 / 09:52
SOCAR, Comstock ink definitive purchase and sale agreement 05 November, 2026 / 09:18
Azerbaijani energy minister begins visit to Ukraine 04 November, 2026 / 21:47
Azerbaijan's associated gas production projected to rise 1.5% next year 04 November, 2026 / 21:17
ACG oil output forecast at 316,400 barrels per day in 2027 04 November, 2026 / 18:56
Serbia-Azerbaijan project to build gas-fired power plant opens for public consultation 04 November, 2026 / 17:12
BP to launch third phase of 4D seismic survey at ACG in January 2027 04 November, 2026 / 16:45
BP brings deep reservoir oil well online at ACG 04 November, 2026 / 15:35
Sangachal terminal exports 138 million barrels of oil and condensate 04 November, 2026 / 14:45