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Singapore, June 25 (QNA) – Oil prices extended their decline on Thursday to near levels last seen about four months ago.
Brent crude futures for August delivery fell $1.22, or 1.65%, to $72.52 a barrel, while US West Texas Intermediate lost $1.02, or 1.45%, to $69.32 a barrel.
Both contracts fell to their lowest leve since Feb. 27, 2026.
August Brent was trading lower than September, which was priced at $73.59, indicating ample short-term supply. (QNA)
