ECONOMY


Azeri Light crude sells for $51.99

Baku, May 12, AZERTAC

Oil prices continue to rise on the world markets, with a barrel of Azeri Light crude trading for $51.99.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.10 to stand at $47.93. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) rose $0.08 to trade at $50.85.

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