ECONOMY


Oil prices drop on world markets

Baku, November 15, AZERTAC

Oil prices continue to decrease on world markets.

The price of a barrel of Azeri Light crude oil fell $2.79 to stand at $62.87.

On NYMEX (New York Mercantile Exchange) cost of the Light crude oil decreased $0.61 to trade at $55.09, while the price of Brent crude at the London ICE (InterContinental Exchange Futures) fell $0.77 to stand at $61.44 on world markets.

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