Oil Prices Surge on September 24th Amid Global Trade

Oil prices have seen an increase on September 24th, according to recent reports from Armenpress. The WTI Crude Oil (Light Sweet) price at the NYMEХ Stock Exchange has risen by 1.86% to $93.09 per barrel.

Brent Crude Oil price at London’s IСE Stock Exchange has also seen a significant increase, up by 3.36% to $105.64 per barrel.

The NYMEХ is a US futures market founded in 1882 and currently ranks first in oil futures trade. The exchange operates two divisions: the NYMEX Division for trades of oil, gas, platinum, palladium, ethanol, coal, electricity, and carbon dioxide emissions; and the COMEX Division for gold, silver, copper, and aluminum.

The London Intercontinental Exchange (ICE) is a leading operator of global exchanges founded in 1982.