Oil prices fall for fourth day as Hormuz flows improve
Oil prices declined for a fourth consecutive session Monday as improving flows through the Strait of Hormuz and prospects for renewed diplomacy over the Iran conflict eased immediate supply concerns. Brent crude was down 2.8% at $100.95/bbl; WTI also fell.
Oil prices fell for a fourth straight session Monday as flows through the Strait of Hormuz improved and prospects for renewed diplomacy over the Iran conflict reduced immediate supply concerns. 95 a barrel, while West Texas Intermediate fel…