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Oil prices decrease in world markets

28 February 2014 14:35 (UTC+04:00)
Oil prices decrease in world markets

The price of oil has continued to fall in the world markets.

SOCAR Marketing and Economic Operations Department reported that a barrel of Azeri Light crude oil decreased $1.03 to stand at $112.14.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.19 to stand at $102.40.

Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has decreased $0.56 to trade at $108.96.

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