Global Oil Prices Soar Amid Market Surge

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Global Oil Prices Soar Amid Market Surge

Global oil prices increased on Monday.

On the London Intercontinental Exchange (ICE), the price of Brent crude increased by $0.05, reaching $62.61 per barrel, The Caspian Post reports.

Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude rose by $0.02, settling at $58.08 per barrel.

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Global oil prices increased on Monday.