Commodity News
SunSirs: International Crude Oil Futures Fell Over 3% on August 1st
August 04 2025 11:01:09
International crude oil futures closed lower on August 1st. The September contract for U.S. WTI crude oil futures settled at $67.33 per barrel, down $1.93, or 2.8%. The October contract for Brent crude oil futures settled at $69.67 per barrel, down $2.03, or 2.8%. Market concerns about OPEC's potential increase in oil production, coupled with U.S. employment data, dampened the demand outlook.
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Related Information
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- 2025-12-18 SunSirs: Daily Topic of China Commodity Data (December 18, 2025)
- 2025-12-18 SunSirs: Expectations of Oversupply Increase, Brent Crude Oil Falls Below the $60/barrel Mark
- 2025-12-17 SunSirs: Crude Oil Prices Plunge for Several Consecutive Days
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