Reported about 1 month ago
Oil prices fell further as OPEC+ is set to boost output starting in October, with Brent dropping toward $76 a barrel and West Texas Intermediate near $73. Meanwhile, China's economic challenges deepen, particularly as factory activity has declined for four consecutive months, raising concerns about its ability to meet growth targets. Overall, expectations of increased oil supply and economic headwinds contributed to the decline in prices.
Source: YAHOO