Baku, October 12, AZERTAC
Oil prices have fallen on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil decreased $0.56 to stand at $50.79. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) fell $0.73 to trade at $52.41.
The price of a barrel of Azeri Light crude oil decreased $0.88 to stand at $52.88 on the world markets.