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July 26, 2025
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Oil prices fall to a minimum in three weeks

La refinería de Cienfuegos. Foto: PerlaVisión.

Oil prices fell to its minimum in three weeks today. Those of Brent fell 76 cents (or 1.1 %) to $ 68.42 per barrel, at 1744 GMT, while the West Texas intermediate in the United States (WTI) lost 91 cents (1.4 %) at $ 65.12.

This placed Brent on the way to its lowest closure since July 4 and the WTI in its lower closure since June 30. During the week, Brent fell about 1 % and WTI, about 3 %.

The president of the European Commission (EU), Ursula von der Leyen, will meet with Donald Trump on Sunday in Scoci, after officials and diplomats of the EU announced that they hope to reach a framework agreement Marco this weekend.

Cuban authorities hope to find more oil in 2025 with foreign investment

In the United States, the new requests for capital goods manufactured in that country fell unexpectedly in June, while shipments of these products increased moderately. This suggests that team business spending slowed considerably in the second quarter.

In China, tax revenues fell 0.3 % in the first half compared to the previous year, the Ministry of Finance reported, maintaining the decrease rhythm observed between January and May.

Washington is preparing to allow the partners of the Venezuelan state -owned PDVSA – starting with the American oil company Chevron – operating with limitations in the sanctioned nation, Fuentes said Thursday.

In the Middle East, Tehran announced that nuclear conversations will continue with the European powers after the “serious, frank and detailed” talks on Friday.

It was the first meeting of this type since Israel and the United States bombed Iran last month.

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