Baku, November 29, AZERTAC
Oil prices continue to rise on the world markets.
The price of a barrel of Azeri Light crude oil increased $1.10 to trade at $50.02 on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $1.02 to stand at $47.08. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $1 to trade at $48.24.