London: Oil prices declined in global markets. On the London Intercontinental Exchange (ICE), the price of Brent crude dropped by $0.46 to settle at $65.91 per barrel. On the New York Mercantile Exchange (NYMEX), the price of Light crude fell by $0.49, trading at $61.88 per barrel.
According to Azerbaijan State News Agency, the decrease in oil prices was observed across major exchanges, reflecting broader market trends. The shift in prices indicates potential adjustments in supply and demand dynamics within the global oil market.