By  Azertac 

Oil prices continue to rise on the world markets.

On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.43 to stand at $53.18. Price of the Brent crude oil at the London ICE (Intercontinental Exchange Futures) rose $0.21 to trade at $55.44.

The price of a barrel of Azeri Light crude oil increased $0.11 to stand at $56.21 on the world markets.