Azeri Light crude sells for $53.82

Baku, October 20, AZERTAC Oil prices have risen on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $1.31 to stand at $51.60. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.99 to trade at $52.67. The price of a barrel of Azeri Light crude oil increased $1.66 to stand at $53.82 on the world markets.