Oil Prices Drop In Global Markets
Date
6/13/2024 5:21:19 AM
(MENAFN- AzerNews)
Nazrin Abdul
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Oil prices have declined on global markets,
Azernews reports.
The price of a barrel of "Brent" crude on the London ICE
exchange dropped by $0.32 to $82.28.
Meanwhile, the price of "Light" crude on the New York NYMEX fell
by $0.30 to $78.20 per barrel.
Oil prices have experienced a downturn in global markets amidst
various economic and geopolitical factors influencing supply and
demand dynamics.
These price movements underscore the volatility and
interconnected nature of the global oil market, where fluctuations
can have significant implications for economies worldwide,
affecting everything from consumer prices to energy sector
investments.
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