Baku, March 29, 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 $2.56 to trade at $48.87, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $2.78 to stand at $56.41.
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 is $59.56 in the world markets.