London: Oil prices decreased in global markets. On the London-based Intercontinental Exchange (ICE), Brent crude fell by $0.86 to $100.35 per barrel, while on the New York Mercantile Exchange (NYMEX), Light crude decreased by $0.63 to $95.42 per barrel.

According to Azerbaijan State News Agency, the decline in oil prices reflects the current market dynamics as traders react to various economic indicators and geopolitical developments. The fluctuations in prices are influenced by a variety of factors, including changes in demand and supply, as well as broader economic trends affecting major economies worldwide.