Oil prices at world markets declined slightly

11:23 - 4.08.2025


August 4, Fineko/abc.az. Oil prices at the global commodity markets have decreased slightly.

ABC.AZ reports that the price of crud eoil WTI for September at the NYMEX exchange dropped by $0.14, or 0.21%, to $67.19 per barrel.

And the price of crude oil Brent (ICE) in October fell by $0.20, or 0.29%, to $69.47.
The decline in prices is explained by the growing economic uncertainty associated with new import tariffs imposed in the U.S. and cautious expectations regarding the prospects for global demand. There is volatility in the energy markets at a time when investors are waiting for the next steps of the Federal Reserve System (FRS).