Global oil prices rose on June 2 morning, Report informs referring to the auction data.

Markets are paying attention to news about agreements on the US government debt limit, which supports the risk appetite of traders, and also await the OPEC+ meeting.

The price of August futures for Brent crude rose by 0.54% to $74.68 per barrel, July futures for WTI grew by 0.53% to $70.47.

Oil quotes are supported by the risk appetite of traders against the backdrop of news from the US. Earlier, the Senate passed a bill to raise the national debt ceiling, and before that, on May 31, the document was approved by a majority vote of the House of Representatives. After approval by both chambers, the initiative will go to US President Joe Biden for signature.