London: On the London Intercontinental Exchange (ICE), Brent crude fell by $0.01, settling at $66.25 per barrel. On the New York Mercantile Exchange (NYMEX), Light crude dropped by $0.05, trading at $62.50 per barrel.
According to Azerbaijan State News Agency, the recent decline in oil prices on both major exchanges reflects ongoing fluctuations in global energy markets. The slight decrease in Brent crude on the ICE signals minor adjustments in market expectations. Simultaneously, the marginal drop in Light crude on the NYMEX highlights similar trends in trading patterns observed in recent sessions.