ECONOMY


Oil price continues to tumble

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Baku, August 3, AZERTAC

Oil prices continue falling on the world markets.

On the NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.58 to stand at $39.52. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $0.51 to trade at $41.73.

The price of a barrel of Azeri Light crude oil decreased $0.02 to stand at $42.82 on the world markets.

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