Baku:Oil prices saw a notable rise on global markets as Brent crude oil futures for December 2026 delivery increased by 2.22% to $102.42 per barrel during trading on the ICE London Intercontinental Exchange.

According to Azeri-Press news agency, the price of WTI crude oil futures for November 2026 delivery also climbed by 1.9%, reaching $89.96 per barrel on the New York Mercantile Exchange (NYMEX).