Oil Prices Fell As Output Increased

Dubai – Massader News

Oil prices slipped on Tuesday after a report showed OPEC production hit a record high of 2018 in July, according to a report by Sky News.

Brent crude for September delivery fell 7 cents to $ 74.90 a barrel after rising 68 cents, or 0.9, on Monday.

U.S. West Texas Intermediate crude futures (WTI) were down 6 cents at $70.08, after rising more than 2 percent in the previous session.