BloombergCLGenerally accurate and reliable· 16 days ago

Oil Drops as Flows in Hormuz Persist and OPEC+ Flags More Supply

Story timeline

5 July

Oil prices decreased as OPEC+ signaled increased supply amidst steady flows from the Hormuz Strait.

Oil fell as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies, fanning concerns about a potential glut.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.

5 July

Oil prices decreased as OPEC+ signaled increased supply amidst steady flows from the Hormuz Strait.