Oil prices on world markets

Baku, March 12,

AZERTAC

Oil prices have changed in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $0.12 to trade at $48.17, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has increased $1.15 to stand at $57.54.

The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) informed that, the price of a barrel of Azeri Light crude oil has raised $0.73 to stand at $58.95 in the world markets.