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International crude oil prices decline slightly on Jul 3

4 Jul 2025 15:28 reported by Liv Wang

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International crude oil prices fell slightly on July 3. The 90-day US tariff suspension period, set to expire on July 9, has not yet resulted in finalized trade agreements with major partners such as the EU and Japan.

Besides, OPEC+ is expected to agree to boost daily production by 411,000 barrels at its policy meeting this weekend.

West Texas Intermediate (WTI) crude for August delivery decreased by US$0.45 (0.67%), reaching US$67 per barrel on the New York Mercantile Exchange. Brent crude for September delivery fell by US$0.31 (0.45%), settling at US$68.80 per barrel.

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