Baku 16° C
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.
Author
Latest News
16:44
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
Azerbaijani People's Artist Rasim Balayev laid to rest
Cultural policy16:08
EU adopts €1.5B work programme to boost European and Ukrainian defence industry
Other countries15:51
Premier League fans back call to scrap VAR
Football15:33
Latvian government approves €6.8M aid package for Ukraine
Other countries15:08
ADB: Oil price uncertainty hits 50-year high amid Middle East conflict
Energy14:43
Vučić: Russia-Serbia gas agreement extended for another three months
Other countries14:27