Oil prices steady amid Hormuz tensions and supply expectations
after close1 source ↓written by the desknot a recommendation
- a barrel
- $72.01
- eased 0.07
- $76.25
Oil prices remained stable on Friday, with Brent up 5% and WTI up 4% this week despite recent U.S.-Iran hostilities. Crude Oil WTI Futures slipped 0.1% to $72.01 a barrel, while Brent eased 0.07% to $76.25. Traders are weighing the risks of supply disruptions against steady supply expectations from the Persian Gulf.
Not investment advice. For informational purposes only.