Home›Commodities›Energy›Oil rebounds as renewed Strait of Hormuz fighting lift…

Oil rebounds as renewed Strait of Hormuz fighting lifts prices

Brent crude futures moved back toward $90 a barrel, with the S&P 500 edging lower as oil strength reentered the tape.

Reported · Written up by our desk · Energy

Renewed fighting in the Strait of Hormuz pushed Brent crude futures back toward the $90 per barrel level, according to WSJ Markets.

The report also said the S&P 500 was slightly lower, suggesting investors weighed the energy price rebound alongside equity market moves.

Latest closeWTI crude $97.01 ▲4.3%|Brent $102.05 ▲4.2%|S&P 500 7,636.36 ▼0.5%

More like this

Sources