Bank Of Baku

EC reduces average price of Brent crude to $35.8

EC reduces average price of Brent crude to $35.8
# 04 February 2016 12:14 (UTC +04:00)

Baku - APA-Economics. European Commission has reduced average price of Brent crude from $54.2 to $35.8, APA-Economics reports citing to European Commission's Winter 2016 Economic Forecast.

 

According to the Forecast, the average price of Brent crude will make $42.5 in 2017.

 

The reduction was caused by continuation of decline in Brent crude price in January.

 

 

 

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