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Brent crude falls over 2% to $86.41 as Strait of Hormuz supply hopes grow
Brent crude dropped to $86.41 per barrel as Iran-Oman talks on a Strait of Hormuz maritime corridor lifted hopes for restored oil supply flows.
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channelnewsasia.com
Oil prices slide 2% on Iran-Oman talks to reopen Strait of Hormuz
TOKYO, Aug 26 : Oil prices dropped about 2 per cent on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had…
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economictimes.indiatimes.com
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42. Both benchmarks had declined more…
