Oil prices up again

Energy
  • 09 May, 2016
  • 05:13
Oil prices up again

Baku. 9 May. REPORT.AZ/ Price of crude oil increased in the Asian market this morning.

Report informs, WTI (West Texas Intermediate) crude oil rose by 1.81%, or 0.81 USD and reached 45.47 USD per barrel. At the same time, price of Brent crude oil increased by 1.34% or 0.61 USD and reached 45.98 USD/ barrel. The reason for this was the continuation of forest fires in Alberta district in Canada and new leadership of the national oil company of Saudi Arabia Aramco.