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    Home»Business»Oil prices fell 4% to three-week low
    Business

    Oil prices fell 4% to three-week low

    Editorial teamBy Editorial teamAugust 4, 2026
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    NEW YORK, 4th August, 2026 (WAM) — Oil prices fell as low as 4% on August 4 to a three-week low.

    Brent crude futures fell US$3.11, or 3.71%, to US$80.66 a barrel and US West Texas Intermediate futures dropped US$3.58, or 4.46%, to US$76.76 a barrel.

    Both ​contracts fell to their lowest since July 13 ‌earlier in the session.

    Earlier in the session, both benchmarks had risen more than 2%.

    Source: Emirates News Agency

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