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Oil: falling prices

21/07/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Oil prices fell slightly on Monday. The latest European sanctions against Russian oil should have only a minimal impact on supply, while American tariffs maintain concerns about demand

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Brent crude futures fell 20 cents, or 0.3%, to $69.08 per barrel at 11:00 GMT after falling 0.35% on Friday. American West Texas Intermediate crude fell 6 cents, or 0.1%, to $67.28 after a drop of 0.3% in the previous session

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Brent crude oil futures traded between a low of $66.34 per barrel and a high of $71.53 after a June 24 ceasefire agreement ended the 12-day war between Israel and Iran.

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