Global Oil Prices Soar Amid Market Shifts

Global Oil Prices Soar Amid Market Shifts

Oil prices increased in global markets on Thursday.

On the London Intercontinental Exchange (ICE), the price of Brent crude increased by $0.07 to reach $64.98 per barrel, The Caspian Post reports.

Meanwhile, Light crude on the New York Mercantile Exchange (NYMEX) rose by $0.12, settling at $61.69 per barrel.

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Oil prices increased in global markets on Thursday.