ECONOMY


Oil price on world markets

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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.

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