At 3:52 p.m. GMT, WTI crude futures were down 0.56% at $67.16.
Brent crude futures fell 0.62% to $69.97.
After both crude oil futures contracts rose about 8% in the past two days.
Increasing global approvals of COVID-19 vaccines and rising vaccination rates in the U.S. have investors hopeful for higher fuel demand.
In addition, there was positive news from China. The world’s largest oil importer reported no new COVID-19 cases.
However, concerns remain about a possible fourth COVID-19 wave. This could lead to renewed closures in isolated countries, which could cause a drop in fuel demand.
On Sunday, Pemex’s offshore oil platform caught fire, affecting oil supplies. It is estimated that approximately 420,000 barrels were affected.
The Spot Market is Open
Thursday.26 Aug-2021
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 06.00 | 1,790.70 1,791.70 | +0.20 0.01% | 1,790.00 1,791.90 |
| Silver 06.00 | 23.87 23.97 | +0.01 0.06% | 23.85 23.97 |
| Platinum 06.00 | 992.00 1,002.00 | 0.00 0.00% | 992.00 1,003.00 |
| Palladium 04.00 | 2,361.00 2,511.00 | 0.00 0.00% | 2,361.00 2,511.00 |
| Rhodium 05.00 | 15,800.00 17,800.00 | 0.00 0.00% | 15,800.00 17,800.00 |
| Energy Updated at | Price | Change | %Change |
| Crude Oil 06.00 | 68.02 | -0.34 | -0.50% |