Crude contracts fell around $3/bbl around midday Wednesday, hit by expected higher global supply on indications that tanker traffic through the Strait of Hormuz is recovering.

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained…

June 23 : Oil prices inched down on Tuesday, extending losses from the previous session, as investors looked for clearer signs of progress in restoring crude flows through the…

June 23 : Oil prices rebounded on Tuesday after a sharp fall the previous session supported by tempered optimism over U.S.-Iran peace talks, while investors awaited clearer signs…

Crude contracts fell around $1 by midday Tuesday, weighed down by a lower risk premium in the petroleum market a day after the Trump administration allowed Iran to sell oil in…

TOKYO, June 24 : Oil prices fell on Wednesday, extending this week's losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded…

Crude oil futures traded lower on Wednesday morning following reports of improved oil tanker traffic through the Strait of Hormuz.

Brent crude dips below $76 as tanker traffic resumes in Strait of Hormuz

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

Crude contracts fell around $3/bbl around midday Wednesday, hit by expected higher global supply on indications that tanker traffic through the Strait of Hormuz is recovering.

BEIJING, June 25 : Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to…

Crude oil prices tumbled on Thursday towards pre-war levels as tanker movement through the Strait of Hormuz picked up, easing earlier supply concerns. After surging past $126 per…

HOUSTON: Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the ...