London: Oil prices continued to rise in global markets. On the London ICE (InterContinental Exchange Futures), the price of Brent crude increased by $1.91 to $110.14 per barrel, while the price of Light crude on the NYMEX (New York Mercantile Exchange) rose by $1.53 to $97.9 per barrel.

According to Azerbaijan State News Agency, the upward trend in oil prices reflects ongoing dynamics in the energy sector. The increase in Brent crude and Light crude prices highlights the market's response to current supply and demand factors. The fluctuations in oil prices are closely monitored as they have significant implications for global economies and energy policies.

The rise in prices is seen as a significant indicator of market conditions. Analysts and stakeholders are paying close attention to these developments, as they could influence future strategies and decisions in the energy market.