Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $120.38. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $ 1.50 cent to stand at $98.41. A barrel of British Brent crude oil surged 30 cent to trade at $ 116.23 at the London ICE.
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $120.38. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $ 1.50 cent to stand at $98.41. A barrel of British Brent crude oil surged 30 cent to trade at $ 116.23 at the London ICE.