International oil prices fell sharply on the 4th.
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%.
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