The price of oil raised in the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.13 to stand at $52.78. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $1.56 to trade at $58.61.
The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan said the price of a barrel of Azeri Light crude oil increased $2.17 to stand at $60.40 on the world markets.
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