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 increased $0.47 to stand at $46.53. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) rose $0.48 to trade at $47.91.

The price of a barrel of Azeri Light crude to stand at $48.25 on the world markets.

/By Azertac/