Oil prices fell slightly during trading on Thursday, July 31, as investors assessed the risks of supply shortages amid US President Donald Trump's push for a quick resolution to the Russia-Ukraine war through further tariffs.
US crude oil inventories rose by 7.7 million barrels in the week ending July 25 to 426.7 million barrels, driven by lower exports.
In trading, Brent crude futures fell by about 0.3 percent to $73 per barrel. US crude futures also fell by about 0.2 percent to $69.85 per barrel.
Source (cnbcarabia, edited)
