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The price of oil rose in the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.31 to stand at $37.74. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $1.25 to trade at $37.70.
The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan said the price of a barrel of Azeri Light crude oil increased $0.54 to stand at $37.47 on the world markets.