Global Oil Prices Soar Amid Market Volatility

Photo credit: Reuters

Global Oil Prices Soar Amid Market Volatility

Oil prices increased in global markets on June 17.

On the London Intercontinental Exchange (ICE), the price of Brent crude increased by $0.30, reaching $73.53 per barrel, The Caspian Post reports.

Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude rose by $0.31, settling at $72.08 per barrel.

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Oil prices increased in global markets on June 17.