World oil prices reduce on markets

Gunel Abbasova
Post's author

Baku. 14 May. REPORT.AZ/ On world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 0,49 USD or 1,05% and amounted to 46,21 USD.

Report informs, either price for Brent crude oil up on the world markets. So, price for this crude down by 0,50% or 0,24 USD and amounted to 47,84 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 53 USD per barrel.  

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