Global oil prices retreat, Brent crude at $77.04, Light crude at $71.65

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The international markets have experienced a downturn in oil prices. Brent crude oil on the London ICE (InterContinental Exchange Futures) dipped by $0.11, trading at $77.04, while Light crude oil at the NYMEX (New York Mercantile Exchange) decreased by $0.12, settling at $71.65.

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