WTI crude oil price exceeds $68 first time since October 2018

Global oil prices rose 2-2.5% on early Tuesday, with WTI crude rising above $68 a barrel for the first time since October 2018, Report informs via RIA Novosti.

The price of the North Sea Brent Crude August futures rose 1.89% to $70.63.

Meanwhile, WTI July futures rose in price by 2.59% to $68.04 per barrel.