Brent oil and WTI crude are both headed for losses of around 8pc this week.

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…

BENGALURU, June 24 : Oil prices fell more than 1 per cent on Wednesday, extending this week's losses to hit fresh four-month lows on signs that more oil tankers are set to move…

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

Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was…

Aramco resumes Ras Tanura oil loadings after four-month halt

Brent crude futures fell $1.47, or 1.95%, to $73.79 a barrel, while US West Texas Intermediate fell $1.44, or 2%, to $70.48 a barrel.