World oil prices slightly reduced

Price difference between WTI and Brent less than 1 USD

Baku. 21 May. REPORT.AZ/ On the world markets, price for barrel of WTI (West Texas Intermediate) crude oil decreased 0,41 USD or by 0,85% and made 47,75 USD per barrel.

Report informs, price for Brent crude oil also decreased 0,07 or by 0,14% and made 48,74 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. 

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