Oil prices fall in world markets

Baku, June 12 (AzerTAc). The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen 53 cents to stand at $95.24. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has decreased $1, 10 to trade at $ 102.85. A barrel of Azeri Light crude oil decreased $1.59 to stand at $104.27, the Department of Marketing and Economic Operations of State Oil Company of Azerbaijan (SOCAR) said.