The price of oil has continued to rise in the world markets.

On the New York Stock Exchange NYMEX, cost of the US Light crude oil raised $1.13 to trade at $ 49.34.

Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) has increased $1.20 to stand at $50.02.

The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan informed that, a barrel of Azeri Light crude oil increased $2.40 to stand at $50.98.

/By Azertac/