London: Oil prices saw a minor increase on global markets as trading took place on prominent exchanges. During trading on the ICE London Intercontinental Exchange, the price for the April 2025 Brent crude oil contract for export experienced a modest rise of 0.08%, reaching USD 74.74 per barrel.

According to Azeri-Press News Agency, the price of a barrel of WTI crude oil, set for export in March this year on the NYMEX New York Commodity Exchange, also saw an uptick. It increased by 0.04%, amounting to USD 70.74 per barrel.