Baku: Oil Prices Drop Below $70 on World Markets.

According to Azeri-Press News Agency, the world oil prices experienced a slight decrease as of July 29.

September futures for WTI crude oil on the New York Mercantile Exchange (NYMEX) witnessed a decline of 0.21%, or $0.14, resulting in a price of $66.57 per barrel.

On the London Intercontinental Exchange (ICE), the price of Brent crude saw a reduction of $0.11, or 0.16%, bringing it down to $69.93 per barrel.