Baku, January 12, AZERTAC
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.43 to stand at $52.25. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $1.46 to trade at $55.10.
The price of a barrel of Azeri Light crude oil increased $0.71 to stand at $55.38.