Amman, August 2 (Petra) – Oil prices declined by approximately $2 per barrel on Saturday, driven by concerns over a potential increase in OPEC+ production.

According to Bloomberg, a weaker-than-expected US jobs report heightened worries about demand prospects.

Brent crude futures dropped $2.03, 2.83%, settling at $69.67 a barrel. US West Texas Intermediate (WTI) crude fell $1.93, 2.79%, to close at $67.33 a barrel, according to Bloomberg.

Despite the weekly decline, Brent crude ended the week with an increase of about 6%, while WTI rose approximately 6.29% over the same period.

//Petra// AK

02/08/2025 19:27:31