Global Oil Prices Climb as Commodity Exchanges See Surge
Oil prices have been increasing on global commodity exchanges.
The price of Brent crude oil has risen by $3.16 to trade at $107.48 per barrel on the London ICE (InterContinental Exchange Futures).
In contrast, Light crude oil on the New York NYMEX (New York Mercantile Exchange) has increased by $1.96 to stand at $94.37 per barrel.