Oil Prices Decrease

On the London ICE exchange, the price of Brent crude oil futures for May 2025 has dropped below $70 per barrel for the first time since October 1, 2024, according to trading data.

As of 18:57 Yerevan time, the price of Brent crude oil fell by 2.3%, reaching $69.97 per barrel. At 19:16 Yerevan time, the Brent futures price slowed its decline, selling at $70.18 (-2.01%). Meanwhile, April futures for WTI crude oil decreased by 1.58%, reaching $67.29 per barrel.

According to the Binance platform, there has been a noted decrease in Bitcoin's value. This morning, the cryptocurrency's price fell to $83,582, and by 19:16 Yerevan time, Bitcoin accelerated its decline to $82,557.