Despite concerns that the tension between the US and China and the confirmed cases of new coronavirus in the United States may affect global energy demand, the market focused on the positive data of the euro area and the trend of tropical storms affecting the oil producing areas in the Gulf of Mexico, the crude oil futures in Europe and the United States continued to fall and then rose slightly. On Friday (July 24), the settlement price of West Texas light crude oil in September 2020 on the New York Mercantile futures exchange was $41.29 a barrel, up $0.22 or 0.5% over the previous trading day, with a trading range of 40.66-41.67; the settlement price of Brent crude oil in September 2020 on the Intercontinental exchange of London was $43.34, up $0.03, or 0.1%, over the previous trading day, with a trading range of 42.79- $43.90.