World oil prices reduced

Gunel Abbasova
Post's author

Baku. 4 June. REPORT.AZ/ On the world markets, price for barrel of WTI (West Texas Intermediate) crude oil decreased by 0,55 USD or 1,12% and amounted to 48,62 USD per barrel.

Report informs, price for Brent crude oil also up in the world markets. So, price for this crudedecreased by 0,80% or 0,40 USD and amounted to 49,64 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 55 USD per barrel.  

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