Crude futures settle lower
Oil prices fell on Tuesday.
The West Texas Intermediate for August delivery dropped to 1.25 U.S. dollars, or 1.77 percent, to settle at 69.50 dollars a barrel on the New York Mercantile Exchange.
Brent crude for August delivery lost 23 cents, or 0.31 percent, to settle at 72.92 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle lower
Recipients of the July 1 Medal arrived at the Great Hall of the People for a special award ceremony in Beijing, capital of China, on Wednesday morning.
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, will confer the medal, the Party’s highest honor, on model CPC members at the ceremony, which is part of the celebrations for the CPC’s 105th founding anniversary.
Xi, also Chinese president and chairman of the Central Military Commission, will deliver an important speech at the event, which will begin at 10:00.
Eight people have been chosen to receive the medal this year.
Outstanding Party members, Party workers, and primary-level Party organizations from across the country will also be honored at the gathering.
The July 1 Medal was first awarded in 2021 to mark the centennial anniversary of the founding of the CPC.
The medal, which features red, gold and white as its main colors, adopts key elements such as the Party emblem and the five-pointed star.
Recipients of July 1 Medal arrive at Great Hall of People
