World oil prices up

As a result of e-commerce in London and New York stock exchanges, the world oil prices are rising, Gazeta.ru reports.

According to the source, the price for September Futures WTI oil increased by 0.36 %, totalling to $49.89 per barrel on the New York Mercantile Exchange (NYMEX).

The price for September Futures Brent oil rose by 0.5 %, amounting to $52.78 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.