Oil falls as supply moves through Strait of Hormuz after Iran war pact
As reported by Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu
Brent crude futures fell 43 cents, or 0.54%, to $79.42 a barrel and U.S. West Texas Intermediate crude slipped 17 cents, or 0.22%, to $76.43 a barrel
▸ MARKET SAMACHAR ANALYSIS
Our editorial commentary, not the publisher's article body.
Brent crude futures fell 0.54% to $79.42 per barrel, while U.S. West Texas Intermediate crude slipped 0.22% to $76.43. This decline follows increased oil supply movement through the Strait of Hormuz after a recent Iran war pact, easing market concerns and pushing prices down.
Market Samachar is a news aggregator. This article was originally published by
Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu. Tap the button above to read the full story on their site.