Baku 12° C
World oil prices reach 40 USD
Energy
- 07 March, 2016
- 05:40
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 7 March. REPORT.AZ/ On world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 0,71 USD or 1,98% and amounted to 36,63 USD per barrel.
Report informs, crude oil prices went up because several countries decided to increase oil output.
So, price for Brent crude oil also up in the world markets. So, price for this crude increased by 1,99% or 0,77 USD and amounted 39,49 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 42 USD per barrel.
Author
Dünya bazarında neftin qiyməti 40 dollara yaxınlaşıb
Стоимость нефти на мировом рынке достигла 40 долларов/баррель
Latest News
12:53
Anar Akhundov: More than $350 million in incentives granted under investment promotion mechanism
Domestic policy
12:48
President Ilham Aliyev and First Lady Mehriban Aliyeva attend opening of non-alcoholic beverage production facility in Jabrayil district
Domestic policy
12:47
Azerbaijan Airlines prepares next generation of aircraft maintenance specialists
Infrastructure
12:41
Photo
Military parades to take place in Azerbaijani cities during holiday celebrations
Military
12:37
Azerbaijan develops Socio-Economic Development Strategy for 2027-2030
Domestic policy
12:36
Kazakhstan extends ban on fuel exports by road for six months
Energy
12:29
Azerbaijan weather forecast for November 7
Ecology
12:25
Azerbaijan proposes halving interest on late tax payments
Finance
12:24
Pashinyan says Armenia, Türkiye to establish diplomatic relations soon
Region