London: Oil prices continue to rise in global markets. On the Intercontinental Exchange (ICE) in London, the price of Brent crude rose by $7.87 to $109.03 per barrel. Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude increased by $11.42, reaching $111.54 per barrel. According to Azerbaijan State News Agency, the surge in oil prices is being observed across major trading platforms. The increase in both Brent and Light crude prices highlights the upward trend in the global oil market. The rise on ICE and NYMEX indicates strong market activities that are influencing oil pricing on an international scale.