Reported about 10 hours ago
Oil prices dipped as investors considered the approaching end of the U.S. summer driving season and the supply implications of U.S. tariffs affecting India's imports of Russian oil. Brent crude futures fell by 0.46% to $67.74, while WTI dropped 0.56% to $63.79. Despite reports of decreased U.S. crude inventories suggesting strong demand, analysts anticipate a decline in consumption as summer ends. India's response to U.S. pressure to cease Russian oil purchases will be key, with expectations that they may continue buying despite tariffs.
Source: YAHOO