ECONOMY


Oil price on world markets

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Baku, February 18, AZERTAC

The price of oil has increased in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the WTI crude oil increased $0.33 to trade at $53.53, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $0.47 to stand at $62.53.

The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) informed that, the price of a barrel of Azeri Light crude oil decreased $0.50 to stand at $64.03 in the world markets.

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