Oil prices have slightly increased on global commodity exchanges, APA-Economics reports.
The price of WTI crude oil on New York’s NYMEX exchange has risen by 0.04 US dollars or 0.07%, reaching 60.12 US dollars per barrel.
On London’s ICE exchange, the price of Brent crude oil has increased by 0.03 US dollars or 0.05%, forming at the level of 63.78 US dollars.
The rise in prices is explained by stable demand expectations in the market and uncertainties related to global production.