Oil price on world markets

Baku, June 28, AZERTAC The price of oil fell in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.57 to stand at $47.01. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $0.65 to trade at $47.74. The price of a barrel of Azeri Light crude oil decreased $1.59 to stand at $47.82 on the world markets.