Crude oil futures show slight decrease in expectation of OPEC+ meeting results

August 3, 2022

Oil prices fell by 0.01%-0.04%

On 3 August 2022, 08:5 (UTC+3), Brent Crude futures for October settlement were trading 0.04% lower at $100.51 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for September delivery fell by 0.01% to $94.41 a barrel.

Global oil prices are slightly decreasing this morning. The market is waiting for the OPEC+ meeting results. OPEC+ is expected to keep oil output unchanged for September despite calls from the U.S. for more supplies.

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