World oil prices rapidly increase
Energy
- 12 May, 2016
- 04:15
Baku. 12 May. REPORT.AZ/ On the world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 1,57 USD or 3,52% and amounted to 46,23 USD per barrel.
Report informs, price for Brent crude oil also went up in world markets. So, price for this crudeincreased by 4,57% or 2,08 USD and amounted to 47,60 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
11:51
Appeals to tax authorities in Azerbaijan down nearly 8%
Business11:46
Armenia to take $150M loan from Asian Development Bank for budget needs
Region11:33
Copper prices rise after Trump's decision to waive tariffs on European goods
Finance11:16
Milli Majlis to host conference dedicated to Heydar Aliyev's 103rd birth anniversary
Milli Majlis11:04
Gold prices fall amid optimism over global trade
Finance10:56
Azerbaijani futsal referee appointed to Armenian national team's match
Football10:47
Photo
Azerbaijan's tourism opportunities promoted in Thailand
Tourism10:39
SOCAR acquires 10% stake in Baleine oil and gas field development project
Energy10:31