Oil prices sharply reduced in markets

Baku. 2 July. REPORT.AZ/ In the world market, price for barrel of WTI (West Texas Intermediate) crude oil decreased by 4,22% or 2,51 USD and amounted to 56,96 USD.

Report informs, a negative change is observed in price for Brent crude oil at stock markets. So, price for this crude dropped by 2,49% or 1,58 USD and made 62,01 USD per barrel.

According to the forecasts, if crude oil price remains stable, average price of oil in 2015 is expected to be 65 USD per barrel.