Baku, February 3, AZERTAC
The price of oil increased in the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.34 to stand at $53.88. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.28 to trade at $56.84.
The price of a barrel of Azeri Light crude oil increased $0.57 to stand at $58.04 on the world markets.