Global Oil Prices Plunge Amid Market Shifts
Oil prices have decreased on global exchanges according to recent data from the London ICE (InterContinental Exchange) and New York NYMEX (New York Mercantile Exchange).
The price of a barrel of Brent crude oil fell by $1.17, reaching $105.4 on the London ICE.
In contrast, the price of Light crude oil decreased by $1.74 per barrel to $92.87 on the New York NYMEX.