On July 3rd, international crude oil futures closed down. The settlement price of the August WTI crude oil futures contract in the United States was $67.00 per barrel, a decrease of $0.45 or 0.7%. The settlement price of Brent crude oil futures for September was $68.80 per barrel, a decrease of $0.31 or 0.4%. Investors are concerned that US tariff policies may slow down energy demand, compounded by the expected impact of OPEC production increases.
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