Baku: Oil prices have increased on global markets: APA-Economics reports. At the New York Mercantile Exchange (NYMEX), the price of WTI crude oil futures for May rose by 2.17% over the day to $92.28 per barrel. At London's ICE exchange, the price of Brent crude oil futures for May increased by 1.88% to $104.14 per barrel. According to Azeri-Press News Agency, these price increases reflect ongoing dynamics in the global oil market as traders react to various factors influencing supply and demand. The rise in futures prices indicates potential shifts in market expectations, with possible implications for global energy costs and economic activities.