London: During trading on the ICE Intercontinental Exchange in London, the price of a July 2025 contract for Brent crude oil fell by 0.94%, reaching $64.18 per barrel, APA-Economics reports. On the New York NYMEX commodity exchange, the price of a barrel of WTI crude oil for June delivery this year also decreased by 1%, settling at $61.43.

According to Azeri-Press News Agency, the shifts in oil prices reflect ongoing fluctuations in the global oil market. The decrease in Brent crude oil prices comes amid broader market trends impacting commodity exchanges worldwide. The decline in WTI crude oil prices on the New York NYMEX commodity exchange similarly highlights the current volatility affecting oil futures.