ECONOMY


Oil prices fall on world markets

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Baku, December 7, AZERTAC

Oil prices continue to fall on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.86 to stand at $50.93. The price of Brent crude oil at the London ICE (Intercontinental Exchange Futures) fell $1.01 to trade at $53.93.

The price of a barrel of Azeri Light crude oil decreased $1.04 to stand at $54.91 on the world markets.

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