Oil Prices Jump on August 31st
Oil prices have risen significantly on August 31st, according to reports from 'Armenpress'. The WTI Crude Oil (Light Sweet) price at the NYMEX Stock Exchange increased by 3.90% to $86.69 per barrel.
The Brent Crude Oil price at London's ICE Stock Exchange also rose, up by 3.28% to $91.19 per barrel.
It's worth noting that one barrel of oil is equivalent to 159.98 liters, and the NYMEX is a leading futures market in the US, founded in 1882.