The price of a barrel of Azeri Light crude oil has increased $0.56 to stand at $49.97 in the world markets,AzerTag state news agency reported.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the WTI crude oil increased $1.08 to trade at $46.23, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) raised $1.44 to stand at $49.60.