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Oil prices rise on world markets

4 February 2017 11:24 (UTC+04:00)
Oil prices rise on world markets

Oil prices continue to rise on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.29 to stand at $53.83. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.25 to trade at $56.81.

The price of a barrel of Azeri Light crude oil increased $0.04 to stand at $58.08 on the world markets.

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