Crude oil prices fall as fears of supply disruptions eased

SANAA, July 16 (YPA) – Crude oil prices fell on Monday as fears of supply disruptions eased, Libyan ports resumed export activities, while traders looked for potential supply increases by Russia and other oil producers.

Brent crude futures decreased 66 cents, or about 0.9 per cent, at $ 74.67 a barrel by 0645 GMT.

The US West Texas Intermediate (WTI) crude declined 57 cents, or 0.8 per cent, at $ 70.43 a barrel.

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