Oil Prices Decline Amid Intensified Trade Talks

Reported about 12 hours ago

Oil prices continued to fall for the third consecutive session as negotiations between the US and its trading partners became more urgent ahead of a looming tariff deadline on August 1. West Texas Intermediate crude dropped approximately 1%, trading close to $66 a barrel, while investors remain cautious about the potential oversupply risks in the coming months. Market volatility has also increased due to expiring contracts and rising diesel prices amid tight supplies.

Source: YAHOO

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