U.S. crude oil falls below $75 per barrel, lowest level since early June
Release time：2024-08-02 18:09viewed：times
From CNBC by Spencer Kimball
Here are Tuesday’s closing energy prices:
West Texas Intermediate September contract: $74.73 per barrel, down $1.08, or 1.42%. Year to date, U.S. crude oil has gained 4.3%.
Brent September contract: $78.63 per barrel, down $1.15, or 1.44%. Year to date, the global benchmark has climbed 2%.
RBOB Gasoline August contract: $2.38 per gallon, down nearly 3 cents, or 1.17%. Year to date, gasoline has gained 13.5%.
Natural Gas September contract: $2.12 per thousand cubic feet, up 9 cents, or 4.42%. Year to date, gas is down 15.4%.
In the Middle East, meanwhile, tensions have escalated between Israel and the Iran-backed militia Hezbollah, after a rocket fired from Lebanon killed 12 children in the Israeli-occupied Golan Heights.
Israel’s military responded on Tuesday with an airstrike in a suburb of southern Beirut, targeting a commander they claim was responsible for the rocket attack.
Israeli officials told Reuters on Monday that Israel wants to hurt Hezbollah, but avoid all-out war.
