Oil prices seek stability around key $70 level Related news

Tamara Ceaikovski

ANKARA Oil prices fell below the key $70 mark last week as increased output from OPEC+ eased global supply concerns, while renewed US tariff threats under President Donald Trump weighed on demand expectations. Brent crude settled at $68.60 per barrel on July 18, down 2% for the week. West Texas Intermediate (WTI) dropped 2.3% to $66. OPEC’s latest monthly report showed the group’s crude oil output rose by 220,000 barrels per day (bpd) in June to 27.023 million bpd. Production from the broader

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