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.
Latest News
00:15
Azerbaijan's healthcare spending to rise 2.9% in 2027
Finance00:13
Azerbaijan's education spending to rise 1.6% in 2027
Finance23:42
Azerbaijan to finance 86.9% of 2027 budget deficit through borrowing
Finance23:39
Azerbaijan plans 2.2 billion manats for debt servicing in 2027
Finance23:31
Azerbaijan outlines key state budget spending priorities for 2027
Finance23:28
Azerbaijan sets 2027 revenue policy priorities
Finance23:14
Azerbaijan expects paid-service budget revenues to fall 41.3%
Finance23:05
Azerbaijan forecasts little change in customs revenues for 2027
Finance22:58