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Oil Extends Rally Despite Higher Hormuz Volume Reports

Oil Extends Rally Despite Higher Hormuz Volume Reports
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Crude oil prices extended a climb that began on Monday, despite reports that oil flows via the Strait of Hormuz have improved considerably since the start of September. At the time of writing, Brent crude was trading at $107.

Crude oil prices extended a climb that began on Monday, despite reports that oil flows via the Strait of Hormuz have improved considerably since the start of September. At the time of writing, Brent crude was trading at $107. 37 per barrel, and West Texas Intermediate was trading at $94.

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