World oil prices increased
Energy
- 17 May, 2016
- 05:24
Baku. 17 May. REPORT.AZ/ At the world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 1,51 USD or 3,27% and amounted to 47,72 USD per barrel.
Report informs, price for Brent crude oil also went up in world markets. So, price for this crude increased by 2,36% or 1,13 USD and amounted to 48,97 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 54 USD per barrel.
Latest News
18:33
France holding five in custody after foiled bomb attack outside Bank of America
Other countries18:10
Azerbaijan cuts auto imports from Türkiye in early 2026
Business17:56
US not to allow Iran to establish control over Strait of Hormuz, Rubio says
Other countries17:39
Azerbaijani FIFA referee Gurbanov receives first appointment as head referee in intl fixture
Football17:17
India thanks Azerbaijan for evacuating its citizens from Iran
Region17:04
Trump warns of 'obliterating' Kharg island, Iran oil wells if deal is not reached
Other countries16:44
Ilham Aliyev signs obituary following death of Rasim Balayev
Cultural policy16:34
Alen Simonyan, Belgian MPs mull Azerbaijan-Armenia peace process
Region16:21
Photo
Video