ECONOMY


Azeri Light oil price increases on world markets

Baku, July 11, AZERTAC

Oil prices have risen on the world markets, with a barrel of Azeri Light crude trading for $47.59.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.14 to stand at $45.49. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.17 to trade at $47.86.

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