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World oil prices continued to decline, TURAN reported, citing trading data. The price of September futures for Brent crude oil fell by 1.49% – to 73.35 dollars per barrel, August futures for WTI – by 1.58%, to 71.55 dollars per barrel.

Investors continue to evaluate the news around OPEC+. Last week, the third round of negotiations of the group did not take place due to the principled position of the UAE; quotas were kept at the current level. A new date for the meeting was not announced, raising anxiety among investors.

So, earlier the Bloomberg agency, citing sources, reported that the UAE and OPEC+ reached a compromise on the deal, but later on the same day, the agency, citing the UAE Ministry of Energy, reported that an agreement had not yet been reached, negotiations were continuing.