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Steel News

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Home Steel News International crude oil prices decline slightly on Jul 3
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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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Metal Price Index

  • Created with Highcharts 4.0.41. Aug1. Sep1. Oct14,50014,75015,00015,25015,500
  • Created with Highcharts 4.0.41. Aug1. Sep1. Oct260027002800290030003100
  • Created with Highcharts 4.0.41. Aug1. Sep1. Oct250025502600265027002750
  • Created with Highcharts 4.0.41. Aug1. Sep1. Oct94009600980010,00010,200
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LME Official Bid Price

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  • 3 Months
  • Zinc
  • 2,926.50
  • 2,896.00
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  • 2,689.00
  • 2,683.50
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  • 9,903.50
  • 9,982.00
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  • 15,130.00
  • 15,320.00

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