Oil prices on world markets

Baku, February 17, 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 $0.42 to trade at $53.20, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $4.67 to stand at $62.06. 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 increased $1.16 to stand at $64.53 in the world markets.

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