The world oil prices are rising due to an increase of 1.75-2% of the base interest rates by the U.S. Federal Reserve, reports RIA Novosti.
World oil prices up
STEPANAKERT, JUNE 14, ARTSAKHPRESS: According to the source, the price for August Futures Brent oil grew by 1.2% to stand at $76,78 a barrel.
The price for July Futures WTI oil increased by 0.63%, amounting to $66,78 per barrel.
To note, one barrel equals 158,988 liters.