Global oil prices decline

Oil prices have declined on global markets, Azernews reports.

The price of a barrel of "Brent" oil on the London ICE ("InterContinental Exchange Futures") exchange decreased by $0.43 to $79.35.

The price of one barrel of "Light" oil on the New York NYMEX ("New York Mercantile Exchange") decreased by $0.46 to $75.35.

The recent decrease in oil prices reflects ongoing market fluctuations. While the decline may offer temporary relief for consumers, it underscores the volatility and uncertainties in the global oil market.