London: Oil prices have experienced an increase of more than 2% on global markets. During trading on the ICE London Intercontinental Exchange, the price of the May 2026 contract for the export of Brent crude oil increased by 2.57%, reaching $102.79 per barrel.

According to Azeri-Press News Agency, on the NYMEX commodity exchange in New York, the price of WTI crude oil for May 2026 delivery also rose by 2.5%, reaching $94.77 per barrel.