Crude oil stands at $75 as tankers head to Hormuz after four months of chaos
Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was trading at $74.95 a barrel, down 31 cents or 0.41%, while US West Texas Intermediate (WTI) crude fell 32 cents, or 0.44%, to $71.60 a barrel.
Opening excerpt (first ~120 words) tap to expand
The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.Read More
Excerpt limited to ~120 words for fair-use compliance. The full article is at Times of India.
Discussion
0 commentsMore from Times of India
