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Crude Check: Trend Remains Weak

Crude oil prices show a bearish trend, with potential for a temporary rise before resuming downward momentum.

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thehindubusinessline.com

economictimes.indiatimes.com

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thehindubusinessline.comStai leggendo2 mesi fa

Crude Check: Trend Remains Weak

Brent crude fell 7.7% to $80.60, domestic crude 8.9%, hitting three-month lows with strong bearish momentum. Declining oil prices reduce data center costs; projections suggest weakness to $73, requiring IT budget contingency for infrastructure.

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economictimes.indiatimes.com2 mesi fa

Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT.

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Timeline cronologica

venerdì 19 giugno 2026·thehindubusinessline.com
Crude oil futures slip after improvements in Hormuz shipping traffic
Crude oil futures decline as improved Hormuz shipping traffic follows a US-Iran interim peace deal, with August Brent at $77.13.
sabato 20 giugno 2026·thehindubusinessline.com
Crude Check: Trend Remains Weak
Crude oil prices show a bearish trend, with potential for a temporary rise before resuming downward momentum.

Crude Check: Trend Remains Weak

Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?

Timeline cronologica

Crude oil futures slip after improvements in Hormuz shipping traffic

Crude Check: Trend Remains Weak

Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?