ECONOMY


Oil price on world markets

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Baku, March 3, AZERTAC

Oil prices have decreased in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $0.17 to trade at $49.59, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $3.04 to stand at $59.54.

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 decreased $0.94 to stand at $62.80 in the world markets.

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