International oil prices fell sharply on the 4th.

date
05/08/2026
As of the close of trading that day, the price of light crude oil futures for September delivery on the New York Mercantile Exchange fell by $4.57, settling at $75.77 per barrel, a decrease of 5.69%; the price of Brent crude oil futures for October delivery dropped by $4.41, closing at $79.36 per barrel, a decline of 5.26%.