
Jul 28, 2025
Daily (28.07.2025): Crude oil prices hit a three-week low on Friday amid economic concerns.
Crude oil prices dropped to a three-week low on Friday, pressured by weak economic signals from the U.S. and China and prospects of rising supply. U.S. capital goods orders unexpectedly fell in June, pointing to slower business spending. Moreover, U.S. plans to ease sanctions on Venezuela could boost exports by over 200,000 bpd. However, los...