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Oil Prices Fall as U.S. and China Economic Data Spark Fuel Demand Concerns

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Oil Prices Fall as U.S. and China Economic Data Spark Fuel Demand Concerns
Oil Prices Fall as U.S. and China Economic Data Spark Fuel Demand Concerns
Reporter 5By

Oil Prices Fall as U.S. and China Economic Data Spark Fuel Demand Concerns

By Reporter 5

Global oil prices dipped on Friday, August 15, 2025, as fresh economic data from the United States and China, the world’s two largest oil  consumers raised alarms about weakening fuel demand.

 Brent crude fell 39 cents (0.58%) to $66.45 per barrel while West Texas Intermediate (WTI) dropped 42 cents (0.66%) to $63.54 per barrel. Also Read: Trump Authorizes $300M in Weapons for Ukraine

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