datastreet.in

Crude oil prices tumble 5% as Strait of Hormuz traffic rebounds; Brent plunges 20% in June

Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June losses hit 20%, reflecting the impact of improved stability in Middle Eastern oil exports.

Source :- mint – markets Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *