London: Oil prices increased in global trading on Friday. On the London Intercontinental Exchange (ICE), Brent crude rose by $0.44, settling at $64.55 per barrel. On the New York Mercantile Exchange (NYMEX), Light crude gained $0.45, reaching $60.93 per barrel.
According to Azerbaijan State News Agency, the rise in oil prices was observed across major exchanges, reflecting ongoing developments in the energy sector. The increase on the ICE and NYMEX highlights the current trends influencing the market as traders respond to various factors affecting supply and demand dynamics.