Oil Prices Surge in Global Markets

Oil Prices Surge in Global Markets

Oil prices rose in global markets on Friday.

On the London Intercontinental Exchange (ICE), Brent crude increased by $0.34, reaching $62.47 per barrel, The Caspian Post reports.

Meanwhile, Light crude on the New York Mercantile Exchange (NYMEX) also climbed by $0.34, settling at $59.58 per barrel.

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Oil prices rose in global markets on Friday.