Global oil prices are rising due to the lack of progress in resolving the Middle East conflict.
According to Oxu.Az, Interfax reported this information.
At 09:10 Baku time on the London ICE exchange, Brent crude futures for July delivery increased by $1.80 (1.65%) to $111.6 per barrel. In the previous session, Brent crude rose by $3.54 (3.35%) to $109.26 per barrel.
On the New York Mercantile Exchange (NYMEX), WTI crude futures for June delivery rose by $2.11 (2%) to $107.53 per barrel. In the previous session, WTI crude increased by $4.25 (4.2%) to $105.42 per barrel.
