Oil prices go up in global markets

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Oil prices have surged in the global markets.

On the London InterContinental Exchange Futures (ICE), Brent crude oil rose by $0.16, reaching a trading value of $88.58. Simultaneously, the price of Light crude oil at the New York Mercantile Exchange (NYMEX) increased by $0.17, reaching a standing value of $83.53.

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