Oil prices have dropped in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the WTI crude oil has decreased $0.98 to trade at $51.16, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $0.32 to stand at $60.21.

The Department of Marketing and Economic Operations of SOCAR informed that, the price of a barrel of Azeri Light crude oil decreased $2.25 to stand at $61.89 in the world markets.