Oil prices decreased again

Cavid Əzimov
Post's author

Baku. 31 December. REPORT.AZ/ At the world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 3,40% or 1,27 USD and amounted to 36,60 USD.

Report informs, price for Brent crude oil also changed in the world markets. So, price for this crude reduced by 2,80% or 1,05 USD and amounted to 36,74 USD per barrel.

Due to the forecasts, in case price for crude oil to be stable, average price of oil in 2015 expected to make 41 USD per barrel.  

Latest news

Interest rate subsidy for loans taken by entrepreneurs up 22% in Azerbaijan 27 December, 2024 / 12:10
Arrival, departure of flights restricted at Grozny airport in Russia 27 December, 2024 / 12:03
Azerbaijan increases capital investment in international funds almost eightfold 27 December, 2024 / 12:02
Milli Majlis approves military cooperation agreement with Morocco 27 December, 2024 / 11:50
Ukrainian envoy at Baku airport honors victims of plane crash 27 December, 2024 / 11:45
Subsidies to AZAL increased by nearly 19% 27 December, 2024 / 11:44
Azerbaijan's Milli Majlis ratifies agreement on Soyudlu (Zod) gold deposit 27 December, 2024 / 11:32
Plane crash victims commemorated at plenary meeting of Azerbaijani parliament 27 December, 2024 / 11:18
Milli Majlis ratifies visa exemption for diplomatic passport holders between Azerbaijan, Maldives 27 December, 2024 / 11:17
Russia's FSB: US citizen sentenced to 15 years for espionage 27 December, 2024 / 11:14
Plenary session of Azerbaijani parliament kicks off 27 December, 2024 / 11:13
Chinese FM may visit Japan for first time since 2020 27 December, 2024 / 11:00
Kazakhstan's Health Ministry: Three Azerbaijani citizens undergoing treatment in hospital after AZAL plane crash 27 December, 2024 / 10:52
Brent crude oil prices exceed $73 per barrel 27 December, 2024 / 10:25
President Ilham Aliyev approves 2025 state budget 27 December, 2024 / 10:19