Oil prices have slumped in the world markets, with a barrel of Azeri Light crude trading for $111.48. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil dropped $1.84 to stand at $96.17. A barrel of British Brent crude oil slumped $ 2.01 to trade at $ 107.02 at the London ICE.
Oil prices have slumped in the world markets, with a barrel of Azeri Light crude trading for $111.48. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil dropped $1.84 to stand at $96.17. A barrel of British Brent crude oil slumped $ 2.01 to trade at $ 107.02 at the London ICE.