The price of oil continues to fall in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.40 to stand at $45.98. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $0.15 to trade at $48.55.

The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan said the price of a barrel of Azeri Light crude oil decreased $0.24 to stand at $49.97 on the world markets.

/By AzerTac/