Oil prices have dropped in the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the WTI crude oil has decreased $1.18 to trade at $48.84, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $1.77 to stand at $54.66. 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 $1.69 to stand at $57.78 in the world markets.
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