London: Oil prices fell by more than 4% on global markets. During trading on the ICE Futures Europe, the price of the May 2026 contract for the export of Brent crude oil fell by 4.35%, reaching $94.56 per barrel.

According to Azeri-Press News Agency, on the New York Mercantile Exchange, the price of West Texas Intermediate for delivery in April 2026 also declined by 4.25%, standing at $90.74 per barrel.