WTI declines as US-Iran deal hopes and Hormuz outlook weigh on Oil

WTI declines as US-Iran deal hopes and Hormuz outlook weigh on Oil

West Texas Intermediate (WTI), the US crude Oil benchmark, falls some 2.49% on Friday, poised to end the week with losses of over 7.39%, amid growing speculation that the US and Iran will reach an agreement to end the conflict. Oil heads for weekly loss as Hormuz reopening hopes grow Market mood remains positive, even […]