WS #10595
Oil prices continue to fall as Strait of Hormuz traffic normalizes, with WTI losing $70 and the key oil spread flipping to contango, pressuring energy stocks.
Oil weakness and Strait of Hormuz de-escalation
Oil prices continue to fall as Strait of Hormuz traffic normalizes, with WTI losing $70 and the key oil spread flipping to contango, pressuring energy stocks.