The prices of oil increased during the trading sessions of the world's largest commodity exchanges on August 6:
- New York NYMEX (Light Sweet) crude oil price rose by 4.11% to $78.00:
- London ICE (Brent) crude oil price rose by 5.25% to $83.40:
The measurement unit for oil is the barrel. One barrel equals 158.98 liters.
The New York NYMEX is an American futures exchange founded in 1882, ranking first in oil futures trading.
The London ICE is a global financial futures and options exchange established in 1982.
