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Crude oil nears four-month low as Strait of Hormuz flows normalise; can prices fall below $50?

Crude oil prices have retreated more than 36% from the highs of nearly $120 per barrel reached during the peak of the recent US-Iran war in the Middle East earlier this year.

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MintLean R·2h ago
Crude oil nears four-month low as Strait of Hormuz flows normalise; can prices fall below $50?
Crude oil prices have retreated more than 36% from the highs of nearly $120 per barrel reached during the peak of the recent US-Iran war in the Middle East earlier this year.
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Crude oil nears four-month low as Strait of Hormuz flows normalise; can prices fall below $50?

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Crude oil nears four-month low as Strait of Hormuz flows normalise; can prices fall below $50?

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