Oil prices surge in global markets

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Oil prices have jumped in the global markets.

 

On the London InterContinental Exchange Futures (ICE), Brent crude oil rose by $1.12, reaching a trading value of $83.55. Simultaneously, the price of Light crude oil at the New York Mercantile Exchange (NYMEX) increased by $0.65, reaching a standing value of $78.01.

Economy