London: Oil prices showed mixed trends in global trading. On the London Intercontinental Exchange (ICE), the price of Brent crude fell by $0.50 to settle at $65.19 per barrel. Meanwhile, on the New York Mercantile Exchange (NYMEX), the price of Light crude increased by $0.01, closing at $60.63 per barrel.

According to Azerbaijan State News Agency, these fluctuations reflect the ongoing volatility in the global energy market. The decline in Brent crude prices and the slight rise in Light crude prices indicate differing market dynamics and investor sentiments across the two major exchanges. The changes come amid varying global supply and demand conditions, geopolitical tensions, and economic indicators that continue to impact oil prices worldwide.