Brent crude futures fell 62 cents, or 0.93%, to $65.97 a barrel by 0631 GMT, while US West Texas Intermediate crude futures were down 69 cents, or 1.08%, to $63.19
Reuters
11 August, 2025, 12:30 pm
Last modified: 11 August, 2025, 12:57 pm
A drone view shows a portion of the crude oil tank farm in Midland, Texas, US June 11, 2025. REUTERS/Eli Hartman/File Photo
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A drone view shows a portion of the crude oil tank farm in Midland, Texas, US June 11, 2025. REUTERS/Eli Hartman/File Photo
Highlights:
- Trump-Putin talks on August 15 raise sanctions relief prospects
- India steps up US crude buy, WTI arbitrage to Asia stay open
- China producer prices fall more than expected in July
Oil prices fell in…
