World Oil prices down Published 2 weeks ago on 08/04/2026 By Desk Report Global oil prices have fallen sharply after US President Donald Trump announced a conditional two-week ceasefire. Brent crude is down 5.8 percent at 103.42 US Dollar a barrel, while US-traded oil was almost 8.5 percent lower at 103.25 US Dollar. Related Topics: Up Next Thirty Indian fishermen released from Sri Lankan prisons Don't Miss US, Iran agree for two-week ceasefire Continue Reading Advertisement You may like