Azerbaijani oil price exceeds $70

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.


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