Azerbaijani oil price exceeds $70

Baku, January 10, AZERTAC Oil prices have risen on the world markets. The price of a barrel of Azeri Light crude oil increased $0.58 to stand at $70.44. On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil rose $0.34 to stand at $69.16. The price of the US Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.49 to trade at $63.45.