Oil price on world markets

Baku, March 16,

AZERTAC

Oil prices have continued to drop in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $2.21 to trade at $44.84, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $2.41 to stand at $54.67.

The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) informed that, the price of a barrel of Azeri Light crude oil decreased $2.01 to stand at 56.86 in the world markets.