Global Oil Prices Rise as Asian Markets Open on a Positive Note
Global Desk:Crude oil prices in the international market have increased once again, reflecting renewed volatility in global energy trading.
According to market data, Brent crude is trading at around **$93.50 per barrel**, while West Texas Intermediate (WTI) stands at approximately **$90 per barrel**. Murban crude is also being traded at nearly **$90 per barrel**.
The rise in oil prices comes amid ongoing uncertainty in global geopolitical developments, including stalled progress in the Iran–U.S. agreement, which continues to influence investor sentiment in energy markets.
Meanwhile, Asian stock markets showed a positive trend at the beginning of the trading week. The South Korean KOSPI and Japan’s Nikkei indices extended gains following strong performance in the previous week, continuing their upward momentum.
Analysts suggest that improving investor confidence and global market optimism are contributing to the positive movement across Asian equities, despite concerns in the energy sector.
