International oil prices fell slightly on the 16th.

As of the close of the day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange fell by 65 cents to $78.95 per barrel, a decrease of 0.82%; while the price of Brent crude oil futures for September delivery in London fell by 72 cents to $84.23 per barrel, a decrease of 0.85%.