World oil prices are falling due to pandemic risks.
Brent crude oil futures fell 0.61 to $ 72.99 a barrel. September futures fell 0.61% to $ 73.65 a barrel.
WTI September futures fell 0.62% to $ 71.62 a barrel.
The OPEC + countries have reached a compromise on oil production. The parties agreed that from August, oil production would increase by 400 thousand barrels per day. Consequently, countries will reach pre-crisis levels by the end of 2022.