Brent oil fell in price by 0.59%

The price of Brent oil for August delivery fell to $60.9 per barrel at auction on Tuesday, July 4.

This is evidenced by trading data on the London ICE Futures exchange. Thus, compared to the close of trading the day before, Brent lost 0.59% in price.

The price of WTI oil continues to decline: in trading on the New York Mercantile Exchange, futures for July delivery fell by 0.34% to $53.07 per barrel.

Let us remind you that the price of oil continues to fall due to the trade wars between the United States and Mexico, as well as the slowdown in global economic growth.