19 Hrs
Source:
وكالة الأنباء القطرية
Oil drops 2% on Hormuz talks
Oil prices declined by about 2% today, continuing the losses recorded yesterday, due to renewed hope of reopening the Strait of Hormuz following Iran's announcement of resuming talks with Oman regarding the management of the strategic waterway. The price of Brent crude fell by $1.78 to reach $86.80 per barrel, while U.S. West Texas Intermediate decreased by $1.49 to stand at $80.87. Oil prices had previously dropped by more than 3% in the previous session.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)