Brent and Light crude experience declines in global markets

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The global oil markets have experienced a downturn, with noticeable declines in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) dropped by $0.32, reaching $79.07. Similarly, the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased by $0.33, settling at $73.56.

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