World oil prices exceed 48 USD

Baku. 11 May. REPORT.AZ/ On world markets price for barrel of WTI (West Texas Intermediate) crude oil increased by 1,02% or 0,47 USD and amounted to 46,70 USD.

Report informs, either price for Brent crude oil up on the world markets. So, price for this crude up by 1,01% or 0,48 USD and amounted to 48,08 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 55 USD per barrel.