Business & Economy · 1 views

Oil posts largest quarterly price drop in 6 years as historic supply crunch eases

Workarounds for the Strait of Hormuz chokepoint and a drop in crude imports to China helped ease the impact of lost Persian Gulf oil.

Source MarketWatch AI Summary Updated 32m ago

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AI Summary

Workarounds for the Strait of Hormuz chokepoint and a drop in crude imports to China helped ease the impact of lost Persian Gulf oil.

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