London: During trading operations at the ICE London intercontinental exchange, the price of the June 2025 contract for Brent crude oil rose by 2.26%, reaching 64.76 USD per barrel, APA-Economics reports. On the NYMEX commodity exchange in New York, the price of WTI crude oil for May 2025 delivery also increased by 2.38%, reaching 61.50 USD per barrel.

According to Azeri-Press News Agency, the rise in crude oil prices reflects ongoing market dynamics and the current trading activities. The increase in prices for both Brent and WTI crude oil contracts indicates a positive trend in the energy sector for these future dates.

The trading activities at both ICE London and NYMEX showcase the fluctuating nature of oil prices and their impact on the global market. The Brent crude oil, which is a major benchmark for worldwide oil prices, showed significant growth alongside the WTI crude oil, which is a key indicator of oil pricing in the United States.