Baghdad Oil prices rose today, Monday, to approach their highest levels in more than seven years.

Brent crude, the benchmark, rose 92 cents, or 1.0%, to $90.95 a barrel in morning trading, after an increase of 69 cents on Friday.

US West Texas Intermediate crude rose 99 cents, 1.1%, or 87.81 dollars a barrel, after rising 21 cents on Friday.

Last Friday, the two benchmarks hit their highest level since October 2014.

The major producers in the Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia in what is known as (OPEC +), are seeking to raise their production levels.

Source: National Iraqi News Agency