World oil prices rising

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 0.88% to settle at $49.46 per barrel on the New York Mercantile Exchange (NYMEX).

The price for September Futures Brent oil rose 0.58%, amounting to $52.31 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.