Crude oil prices fell 2% as optimism over a potential U.S.-Iran agreement eased supply concerns in the Strait of Hormuz, signaling increased tanker movement and stabilized exports.

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 prices hit near four-month lows as stranded tankers in the Gulf begin moving through the Strait of Hormuz, signaling eased tensions in the region.

Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of…

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…

Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and is down 42% from those levels.

BEIJING, June 26 : Oil prices fell on Friday morning and are heading for steep weekly losses amid easing supply concerns as more stranded oil tankers exited the 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…

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.

Crude oil prices fell sharply for the week as signs of recovering tanker traffic through the Strait of Hormuz outweighed fresh security concerns, although analysts caution that…

Global crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait of Hormuz eased despite fresh Middle East…

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

Crude oil prices fell 2% as optimism over a potential U.S.-Iran agreement eased supply concerns in the Strait of Hormuz, signaling increased tanker movement and stabilized exports.

Crude oil posted a steep weekly decline as traders unwound geopolitical risk premiums on expectations that Iranian exports and Strait of Hormuz shipping will gradually recover.

US oil prices fell 3% as hopes of a US-Iran deal, rising crude supply and easing Strait of Hormuz risks lowered inflation and fuel price concerns.