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Wednesday January 15 2025

Global oil prices decline

30 July 2024 13:31 (UTC+04:00)
Global oil prices decline
Nazrin Abdul
Nazrin Abdul
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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.

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