ECONOMY


Oil prices rise on world markets

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Baku, January 16, AZERTAC

Oil prices have increased on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.11 to stand at $52.48. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.12 to trade at $55.57.

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