ECONOMY


Azeri Light crude sells for $53.98

Baku, May 26, AZERTAC

Oil prices have fallen on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US light crude oil decreased $0.40 to stand at $48.50. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) fell $0.34 to trade at $51.12.

The price of a barrel of Azeri Light crude oil decreased $0.99 to stand at $53.98 on the world markets.

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