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 $3.48 to trade at $53.05, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $3.16 to stand at $57.91.
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 $2.83 to stand at $58.26 in the world markets.
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