WS #10600
WTI crude dips below $70/bbl for first time since Iran conflict began, driven by Trump's statement that Iran is not collecting tolls in Strait of Hormuz, with EIA reporting a 6.1M barrel draw but demand concerns dominating.
Oil price collapse below $70
WTI crude dips below $70/bbl for first time since Iran conflict began, driven by Trump's statement that Iran is not collecting tolls in Strait of Hormuz, with EIA reporting a 6.1M barrel draw but demand concerns dominating.