V
c/worldu/vicharlok

Oil prices slip >3% as Hormuz traffic eases supply worries

More tankers moving through the Strait of Hormuz have eased fears of a supply crunch, even after a ship was hit near Oman. That pushed Brent and WTI down over three percent for the day, adding to weekly losses as traders eye higher global output.

Illustration for Oil prices slip >3% as Hormuz traffic eases supply worries

Join the thread

Discussion

Sign in to join the discussion.

No comments yet