WTI and Brent Crude Oil Prices Surge to New Highs
Oil prices have surged on August 6, with WTI Crude Oil (Light Sweet) rising by 4.11% to $78.00 per barrel at the NYMEХ Stock Exchange in New York.
Brent Crude Oil has also seen a significant increase of 5.25% to $83.40 per barrel on London’s IСE Stock Exchange.
The unit of measurement for oil volume is the barrel, with one barrel equivalent to 159.98 liters.