London: The price of Brent crude for September 2025 delivery dropped by 0.2% to $69.07 per barrel during trading on the ICE Intercontinental Exchange in London, APA reports. The decline in Brent crude prices marks a continuation of the recent downward trend observed in the global oil market.
According to Azeri-Press News Agency, the price of WTI crude for August delivery also fell by 0.28% to $66.79 per barrel on the NYMEX commodity exchange in New York. This decrease in WTI crude prices further underscores the volatility currently affecting oil markets, as traders and investors react to various economic indicators and geopolitical events.