Oil Prices Slip Toward Worst Quarter Since Pandemic Peak

1 min read
Source: Crude Oil Prices Today | OilPrice.com
Oil Prices Slip Toward Worst Quarter Since Pandemic Peak
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

Oil prices are on track for the steepest quarterly decline since the COVID-19 crash, with Brent around $70 as hopes for sustained Hormuz access erase much of the geopolitical risk premium; markets imply about a 20% monthly drop and a 30% quarterly plunge, though analysts warn that renewed disruptions remain a risk.

Share this article

Reading Insights

Total Reads

1

Unique Readers

9

Time Saved

18 min

vs 19 min read

Condensed

99%

3,61652 words

Want the full story? Read the original article

Read on Crude Oil Prices Today | OilPrice.com