Azeri Light crude sells for $70.94

Baku, January 23, AZERTAC Oil prices have increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.97 to stand at $70.94. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.35 to trade at $69.38, while the price of Light crude at the NYMEX (New York Mercantile Exchange) rose $0.37 to stand at $63.94 on world markets.