Oil prices fell on Tuesday after gaining nearly 2% in the previous session, as investors assessed new developments related to U.S. tariffs and higher-than-expected production levels from OPEC+ for August.
اضافة اعلان
According to Bloomberg Economics, Brent crude futures dropped by 21 cents, settling at $69.37 per barrel, while West Texas Intermediate (WTI) crude fell 24 cents to $67.69 per barrel.
Meanwhile, gold prices remained stable amid anticipation surrounding U.S. tariff developments and rising U.S. Treasury yields, which limited upward momentum.
Spot gold edged down 0.1% to $3,331.85 per ounce, while U.S. gold futures held steady at $3,341.80 per ounce.
Among other precious metals:
Silver held steady in spot trading at $36.75 per ounce
Platinum slipped 0.1% to $1,368.93 per ounce
Palladium rose 0.2% to $1,112.88 per ounce
— (Petra)
