ECONOMY


Azeri Light crude sells for $51

Baku, May 11, AZERTAC

Oil prices continue to rise on the world markets, with a barrel of Azeri Light crude trading for $50.99.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.21 to stand at $47.54. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.17 to trade at $50.39.

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