Baku: Oil prices in world markets declined again, APA-Economics reports. During trading on the ICE London Intercontinental Exchange, the price of the April 2025 Brent crude oil contract for export decreased by 0.37% or 0.28 US dollars, amounting to USD 74.74 per barrel.

According to Azeri-Press News Agency, the price of a barrel of WTI crude oil for export in March this year on the NYMEX New York Commodity Exchange decreased by 0.77% or 0.55 US dollars, amounting to USD 70.74 per barrel. This decline in oil prices highlights the ongoing fluctuations in the global oil market, impacting economies and industries worldwide.