ECONOMY


Azeri Light crude sells for $54.77

Baku, May 25, AZERTAC

The price of oil rose in the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.45 to stand at $51.81. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.49 to trade at $54.45.

The price of a barrel of Azeri Light crude oil increased $0.20 to stand at $54.97 on the world markets.

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