Global oil markets see mixed trends
Nazrin Abdul
Read moreOil prices on global exchanges moved in opposite directions today, Azernews repoorts.
The price of Brent crude, traded on London's ICE (InterContinental Exchange Futures), rose slightly by $0.1 to reach $85.17 per barrel.
Meanwhile, the price of Light crude on the New York NYMEX (New York Mercantile Exchange) fell by $0.15, settling at $81.42 per barrel.
These price movements highlight the volatility and sensitivity of oil markets to a range of economic, geopolitical, and environmental factors, which can swiftly impact supply and demand dynamics globally.
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