Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States. Brent crude futures decreased by 77 cents, or 0.97 percent, to $79.01 per barrel. Similarly, US West Texas Intermediate (WTI) crude futures dropped by 66 cents, or 0.87 percent, to $75.15 per barrel. Both benchmarks had fallen by over a dollar earlier in the session. Source: Qatar News Agency
Recent Post
US Stock Indexes Close Higher, S&P 500 Hits Record High
August 8, 2026
ADNOC Vessel Targeted by Missile in Strait of Hormuz
August 8, 2026