Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $127.33. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $ 1.55 cent to stand at $107.83. A barrel of British Brent crude oil surged 72 cent to trade at $ 123.62 at the London ICE.
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $127.33. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $ 1.55 cent to stand at $107.83. A barrel of British Brent crude oil surged 72 cent to trade at $ 123.62 at the London ICE.