ECONOMY


Oil prices fall on world markets

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Baku, December 8, AZERTAC

Oil prices continue to fall on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $1.16 to stand at $49.77. The price of Brent crude oil at the London ICE (Intercontinental Exchange Futures) fell $0.93 to trade at $53.

The price of a barrel of Azeri Light crude oil decreased $0.44 to stand at $54.47 on the world markets.

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