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 $3.71 to trade at $48.24, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has raised $3.86 to stand at $52.99. 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 has increased $0.75 to stand at $50.89 in the world markets.
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