Oil Prices Extend Losses in Early Thursday Trading

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07/02/2026 - 11:39

Oil prices declined during early transactions this Thursday.

Brent crude futures dropped by 73 cents, or 1.02%, reaching $70.84 per barrel by 01:02 GMT. Meanwhile, U.S. West Texas Intermediate (WTI) crude saw a 1.21% decline, equivalent to 83 cents, recording $67.75 per barrel.

Both benchmarks had fallen in the previous session by more than 1%, reaching their lowest levels in four months.

Source
Algerian Radio Multimedia
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