Baku, January 6, AZERTAC
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.50 to stand at $53.76. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.43 to trade at $56.89.
The price of a barrel of Azeri Light crude oil increased $0.31 to stand at $56.28.