Oil prices surged on September 1, with WTI Crude Oil (Light Sweet) at NYMEX Stock Exchange rising by 4.63% to $90.70 per barrel.
Brent Crude Oil price at London's ICE Stock Exchange also increased by 4.67% to $95.45 per barrel.
The unit of measurement for oil volume is the barrel, equivalent to 159.98 liters.
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