Oil prices rise on global markets
Nazrin Abdul
Read moreOil prices have risen on global markets, Azernews reports.
The price of Brent crude oil on the London ICE (InterContinental Exchange Futures) rose by $0.04 to reach $85.75 per barrel.
Meanwhile, on the NYMEX (New York Mercantile Exchange), the price of Light crude oil increased by $0.6, reaching $82.17 per barrel.
These price movements highlight the volatility and sensitivity of oil markets to a range of economic, geopolitical, and environmental factors, which can swiftly impact supply and demand dynamics globally.
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