Price decline:
Brent crude fell about 1.2%, while West Texas Intermediate crude fell to around $64.8 a barrel, marking its third consecutive session of decline.

Reasons for the decline:
Hopes for a US-EU deal weakened as the August tariff deadline approached, increasing concerns about future energy demand.

Supporting factors:
Despite the pressures, slight support from a weaker dollar and rising US oil inventories helped limit losses.