Oil prices have fallen in world commodity markets, "APA-Economics reports.
A decline in oil prices was recorded according to futures contracts for September 2025. Thus, a barrel of WTI (Nymex) oil decreased by $ 0.17 or 0.24% to $ 69.83. The price of Brent (ICE) oil decreased by $ 0.24 or 0.33% to $ 73.00.
The reason for the price decrease is the weakening of expectations for global economic growth and concerns about weakening demand against the background of increasing commercial oil reserves in the United States.
In addition, weak indicators of the Chinese economy also had a negative impact on the market.