Global oil prices experience significant decline
Nazrin Abdul
Read moreOil prices have dropped in global markets, Azernews reports.
The price of a barrel of "Brent" oil on the London ICE ("InterContinental Exchange Futures") exchange decreased by $0.5 to $86.84.
The price of one barrel of "Light" oil on the New York NYMEX ("New York Mercantile Exchange") decreased by $0.56 to $83.32.
These slight fluctuations in oil prices reflect ongoing market dynamics influenced by global supply and demand factors, geopolitical developments, and economic indicators. Oil prices are closely watched as they impact energy costs, inflation, and economic growth worldwide.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!