Brent crude dips below $76 amid easing supply concerns
after close1 source ↓written by the desknot a recommendation
- for August falling
- 1.7%
- per barrel
- $75.81
- lowest level
- 27 Feb
- futures also dropped
- 1.6%
- per barrel
- $72.02
Oil prices continued to decline, with Brent crude futures for August falling 1.7% to $75.81 per barrel, marking the lowest level since 27 Feb. U.S. West Texas Intermediate futures also dropped 1.6% to $72.02 per barrel. Investors are closely watching developments in the Strait of Hormuz as supply concerns ease.
Not investment advice. For informational purposes only.