The front-month U.S. oil futures contract was on track Friday to end the day below $70/bbl for the first time since early March as crude and refined product futures were seeing solid losses to start the day.

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…

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…

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

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.

Energy futures moved higher midday Thursday as the market continued to monitor a recovery in Middle East oil supplies and improving flows through 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.

The front-month U.S. oil futures contract was on track Friday to end the day below $70/bbl for the first time since early March as crude and refined product futures were seeing…

Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, easing supply worries. This comes after…

Crude prices fell by more than 3 percent on Friday, on course for steep weekly losses, as oil tankers kept exiting the Strait of Hormuz, easing supply concerns the day after a…

Crude oil and refined product futures prices were rising Monday, with gains accelerating during the morning as markets reacted to the renewal of fighting between the U.S. and Iran.