Baku, February 1, AZERTAC
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.18 to stand at $52.81. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.47 to trade at $55.70.
The price of a barrel of Azeri Light crude oil increased $0.98 to stand at $56.79 on the world markets.