The Azerbaijan State News Agency

ECONOMY

Oil prices rise on world markets

Oil prices rise on world markets

Baku, August 26, AZERTAC 

Oil prices have risen on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.44 to stand at $47.87. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.37 to trade at $52.41.

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