Baku: The price of Brent crude oil on the London Intercontinental Exchange (ICE) increased by $1.12, reaching $91.86 per barrel. Concurrently, the New York Mercantile Exchange (NYMEX) saw the price of Light crude rise by $0.77, bringing it to $85.23 per barrel.

According to Azerbaijan State News Agency, these changes in oil prices reflect ongoing economic and geopolitical factors influencing global markets. The rising prices are part of a broader trend observed in recent trading sessions, driven by various supply and demand dynamics.