Baku, January 27, AZERTAC
Oil prices have increased on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil rose $1.03 to stand at $53.78. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) increased $1.16 to trade at $56.24.
The price of a barrel of Azeri Light crude oil rose $0.86 to stand at $56.91 on the world markets.