Oil prices have surged in global markets.
On the London InterContinental Exchange Futures (ICE), Brent crude oil increased by $0.33, reaching a trading value of $84.31, Caspian Energy Media reports with reference to AZERTAC. Similarly, the price of Light crude oil on the New York Mercantile Exchange (NYMEX) rose by $0.2, reaching a current value of $80.26.