ECONOMY


Oil prices rise on world markets

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Baku, August 29, AZERTAC

Oil prices have risen on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.34 to stand at $47.64. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) rose $0.25 to trade at $49.92.

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