Baku 26° C
World oil prices reach 50 USD again
Energy
- 31 May, 2016
- 05:32
Baku. 31 May. REPORT.AZ/ The last Monday in May considered to be non-working day in USA called Decoration Day when the memory of those who died in military service remembered. Therefore WTI (West Texas Intermediate) crude oil price did not change, and remained as last week at 49.33 USD / barrel.
Report informs, Brent crude oil price increased by 0,44 USD or 0,89% and made 49,76 USD / barrel.
Due to the forecasts, in case price for crude oil to be stable, average price of oil in 2016 expected to make 56 USD per barrel.
Author
Latest News
13:08
Sahil Babayev: 2025 budget ensures growth, social commitments
Finance12:58
Majnun Mammadov: Azerbaijan to fund logistics costs for agricultural exports
AIC12:58
Zaur Mikayilov talks on agriculture prospects in Azerbaijan
AIC12:57
Photo
Azerconnect Group will integrate AI-based solutions in Icherisheher
ICT12:48
Ali Ahmadov: Azerbaijan's success - result of policies laid down by Heydar Aliyev
Domestic policy12:43
Naghdaliyev: Agroparks to cut import dependence
AIC12:33
Presidential aide: Revolutionary reforms implemented in Azerbaijan's agricultural sector
AIC12:30
Photo
Baku, Beijing sign protocols for export of poultry, seafood to Chinese market
Health12:24