Azerbaijani oil price reaches $70

Baku, January 4, AZERTAC Oil prices continue to rise on the world markets. Price of Azeri Light crude oil continues to rise on world markets. The price of a barrel of Azeri Light crude oil increased $1.30 to stand at $69.89 on the world markets. On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil rose $0.33 to trade at $68.17 while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.52 to stand at $62.15.