ECONOMY


Oil prices increase on world markets

Baku, March 28, AZERTAC

The price of oil rose in the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.28 to stand at $48.01. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.26 to trade at $51.01.

The price of a barrel of Azeri Light crude oil increased $0.08 to stand at $51.66 on the world markets.

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