Oil Prices Soar on Global Markets

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Oil Prices Soar on Global Markets

Oil prices rose in global markets on Monday.

On the London Intercontinental Exchange (ICE), the price of Brent crude rose by $0.09 to $63.43 per barrel, The Caspian Post reports.

Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude increased by $0.07, reaching $59.19 per barrel.

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Oil prices rose in global markets on Monday.