Oil Prices Show Decline on Global Exchanges

London:Oil prices have decreased in global markets, with notable declines in both Brent and Light crude prices. According to Azerbaijan State News Agency, Brent crude on the London Intercontinental Exchange (ICE) decreased by $0.83, settling at $102.25 per barrel. Meanwhile, Light crude on the New York Mercantile Exchange (NYMEX) experienced a drop of $0.71, closing at $91.45 per barrel.