Brent oil price exceeds $ 40 for first time since March

Baku, June 3, AZERTAC Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.69 to trade at $40.26, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) increased $1.01 to stand at $37.82.