London: Oil prices are experiencing an upward trend in global markets. During trading on the ICE London Intercontinental Exchange, the price of July 2026 futures contracts for Brent crude oil rose by 0.64%, reaching 104.88 US dollars per barrel.

According to Azeri-Press News Agency, the New York NYMEX commodity exchange also saw an increase in oil prices. The price for one barrel of WTI crude oil for export in June 2026 increased by 0.87%, reaching 98.92 US dollars.