Oil
prices fell on Tuesday after the International Energy Agency cut its
forecast for global oil demand and the U.S. Energy Information
Administration said the U.S. in July produced the most oil in nearly 30
years.
Crude for September delivery CLU4 -0.22% fell 71 cents, or 0.7%, to settle at $97.37 a barrel on the New York Mercantile Exchange. That snapped a three-session winning streak.
Brent crude for September delivery UK:LCOU4 -0.33% fell $1.66, or 1.6%, to end at $103.02 a barrel.
Crude for September delivery CLU4 -0.22% fell 71 cents, or 0.7%, to settle at $97.37 a barrel on the New York Mercantile Exchange. That snapped a three-session winning streak.
Brent crude for September delivery UK:LCOU4 -0.33% fell $1.66, or 1.6%, to end at $103.02 a barrel.
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