Oil prices drop on world markets

Oil prices have fallen on the world markets.

Price of a barrel of Azeri Light crude oil decreased $0.60 to stand at $66.30 on the world markets.

On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil fell $0.57 to stand at $64.68. Price of US Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.67 to trade at $61.12.