Oil prices decline amid optimism over resumption of navigation in the Strait of Hormuz

Oil prices decline amid optimism over resumption of navigation in the Strait of Hormuz

Oil prices see decline (traded)

Oil prices see decline (traded)

2026/07/11 03:33

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Oil prices fell at settlement today amid optimism over resumption of navigation in the Strait of Hormuz.

Brent crude futures fell 29 cents, or 0.38%, to $76.01 per barrel.

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U.S. West Texas Intermediate crude fell 67 cents, or 0.93%, to $71.41.

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