Baku 16° C
World oil prices continue to decline
Energy
- 04 May, 2016
- 04:29
Baku. 4 May. REPORT.AZ/ On world markets price for barrel of WTI (West Texas Intermediate) crude oil decreased by 2,52% or 1,13 USD and amounted to 43,65 USD.
Report informs, either price for Brent crude oil declined on the world markets. So, price for this crude reduced by 1,88% or 0,86 USD and amounted to 44,97 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 50 USD per barrel.
Author
Latest News
16:06
Sybiha: Parts of Iranian cluster missile fell near Ukraine's embassy in Israel
Region15:57
Four killed, 28 injured in strike on religious complex in Iran
Region15:51
Trump says US will no longer help allies secure energy supplies
Other countries15:33
Pashinyan mulls Azerbaijan-Armenia peace process with new head of EU mission
Region15:27
EU reaffirms support for Ukraine's sovereignty and territorial integrity
Other countries15:22
IDF says it struck Iranian sites for missile components, anti-aircraft weapons
Other countries15:18
New requirement set for foreign media operations in Azerbaijan
Media14:57
OTS preparing to launch joint CubeSat satellite
ICT14:53
Photo