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strikeMay 4, 2026

Oil pares gains after US says two vessels crossed Strait of Hormuz

Summary

Oil pares gains after US says two vessels crossed Strait of Hormuz - US West Texas Intermediate was up 47 cents, or 0.5 per cent, at US$102.41 a barrel, after rising to as high as US$107.46 earlier on Monday.

Source: CurrentsAPI — Read the full report

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Sources

  • CurrentsAPI

    Oil pares gains after US says two vessels crossed Strait of Hormuz - US West Texas Intermediate was up 47 cents, or 0.5 per cent, at US$102.41 a barrel, after rising to as high as US$107.46 earlier on Monday. PHOTO: REUTERS [LONDON] Oil prices pared earlier gains on Monday after …

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