Baku, March 11, AZERTAC
Oil prices have dropped in the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $1.71 to trade at $48.29, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $2.14 to stand at $56.39.
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 $2.74 to stand at $58.22 in the world markets.