Crude oil prices drop over 3% amid easing supply fears
after close1 source ↓written by the desknot a recommendation
- a barrel
- $71.99
- 4.34%
- WTI ended
- $69.23
- falling
- 3.74%
Global crude oil prices fell by more than 3% today, extending weekly losses to nearly 11%. Brent crude futures settled at $71.99 a barrel, down 4.34%, while WTI ended at $69.23, falling 3.74%. The decline follows improved confidence in uninterrupted tanker movements through the Strait of Hormuz, easing previous supply disruption fears.
Not investment advice. For informational purposes only.