Oil Prices Continue to Fall

London: On the London Intercontinental Exchange (ICE), the price of Brent crude fell by $0.14, settling at $91.31 per barrel. On the New York Mercantile Exchange (NYMEX), the price of Light crude dropped by $0.13 to $88.07 per barrel.

According to Azerbaijan State News Agency, the recent decrease in oil prices was observed across major trading platforms. The Brent crude on ICE and Light crude on NYMEX both experienced price reductions, reflecting ongoing trends in the global oil market. The fall in prices has been noted amid various economic factors affecting supply and demand dynamics.