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Oil extends slide to more than 1% on expectations of smoother crude flows via Hormuz

muhammadhasan0426@gmail.com
By muhammadhasan0426@gmail.com
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BENGALURU, June 24: Oil prices fell more than 1 per cent on Wednesday, extending this week’s losses to hit fresh four-month lows on signs that more oil tankers are set to move out of the Strait of Hormuz. Brent crude futures were down $1. 37, or 1. 8 per cent, at $75. 71 a barrel by 0805 GMT. U. S. West Texas I

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