Baku, December 1, AZERTAC
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $4.21 to stand at $49.44. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $4.09 to trade at $50.47.
The price of a barrel of Azeri Light crude oil increased $3.34 to stand at $51.64 on the world markets.