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The price of oil fell again in the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $2.60 to stand at $47.39. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $2.86 to trade at $50.17.
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 $0.66 to stand at $53.99 on the world markets.