ECONOMY


Azeri Light crude sells for $53.31

Baku, May 19, AZERTAC

The price of oil rose in the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.43 to stand at $49.78. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.40 to trade at $52.91.

The price of a barrel of Azeri Light crude oil increased $0.17 to stand at $53.31 on the world markets.

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