London: Oil prices have experienced an upward trend in global markets. On the London-based Intercontinental Exchange (ICE), Brent crude rose by $1.33 to reach $98.33 per barrel. Meanwhile, on the New York Mercantile Exchange (NYMEX), Light crude saw an increase of $2.08, bringing it to $93.56 per barrel.
According to Azerbaijan State News Agency, these increases in oil prices come amid ongoing market fluctuations and global demand dynamics. The rise in prices reflects the current trading activities and market reactions to various economic indicators.