Oil prices drop amid demand worries


NEW YORK, July 21 (Xinhua) -- Oil prices fell on Thursday as demand concerns predominated.

The West Texas Intermediate for September delivery lost 3.53 U.S. dollars, or 3.5 percent, to settle at 96.35 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery decreased 3.06 dollars, or 2.9 percent, to close at 103.86 dollars a barrel on the London ICE Futures Exchange.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

1st LD Writethru: Apple says Tim Cook to become executive chairman, John Ternus next CEO
Roundup: Egyptian-Chinese art performance marks UN Chinese Language Day in Cairo
Economic outlook of Asia-Pacific under pressure from rising tensions, prices: UN report
Urgent: Apple says Tim Cook to become executive chairman, John Ternus next CEO
U.S. stocks close lower as oil prices surge on renewed Mideast tensions
Dutch gov't allocates 967 mln euros to ease impact of high energy prices
Saudi, Chinese communities mark Int'l Chinese Day with culture, tech showcase in Jeddah
U.S. stocks close lower
Gunman kills Canadian woman, wounds four at Mexico’s Teotihuacan pyramids
Flash: Shooting occurs at Mexico's Teotihuacan pyramids: authorities

Others Also Read