London: Oil prices declined in global markets. On the London Intercontinental Exchange (ICE), the price of Brent crude fell by $0.24, settling at $69.07 per barrel. Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude dropped by $0.26, trading at $64.73 per barrel.

According to Azerbaijan State News Agency, these changes in oil prices reflect ongoing fluctuations in the global oil market. The decrease in prices on major exchanges like ICE and NYMEX indicates a shift in market dynamics, potentially influenced by various factors including supply and demand balances, geopolitical developments, and economic indicators.