Oil prices edged lower as the Strait of Hormuz reopened, with Brent crude at $79.49 and WTI at $76.36, while markets shifted focus to global demand trends.

Oil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the United States and Iran.

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders…

Oil prices hit a 2-month low on U.S.-Iran news, but experts warn of a massive disconnect between paper markets & depleted physical supply.

Oil prices slid to fresh three-month lows on Tuesday as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside weaker physical demand and…

Oil prices fell as hopes increased that the Strait of Hormuz would reopen and oil shipments would resume.

Brent settled at $78.96 a barrel and WTI settled at $76.05

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end, paving the way for a recovery…

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil…

SINGAPORE: Oil prices fell slightly on Wednesday as investors gauged the impact of a US-Iran peace deal, while uncertainty over full resumption of shipping through the Strait of…

NEW DELHI, June 19 : Oil prices fell on Friday as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal…

PERTH, June 19 : Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the…

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a barrel. This comes after tankers carrying…

Oil prices fell as more supply returned to the market after oil tankers began to move through the Strait of Hormuz, post US-Iran interim peace deal. | World News

With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.

Crude oil futures decline as improved Hormuz shipping traffic follows a US-Iran interim peace deal, with August Brent at $77.13.

Oil prices edged lower as the Strait of Hormuz reopened, with Brent crude at $79.49 and WTI at $76.36, while markets shifted focus to global demand trends.

Brent crude dropped to $75.55 as Saudi tankers carrying 6 million barrels resumed Strait of Hormuz transit after the US-Iran peace deal lifted a naval