Global oil prices surge amid market dynamics
Oil prices are on the rise in global markets, Azernews reports.
A barrel of "Brent" oil, traded on London's ICE ("InterContinental Exchange Futures"), has climbed by $0.15 to $79.77.
Meanwhile, "Light" oil, traded on the New York NYMEX ("New York Mercantile Exchange"), saw a $0.14 increase, reaching $75.67 per barrel.
These fluctuations reflect the complex interplay of supply and demand dynamics, along with geopolitical factors influencing the energy market.
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