Crude oil prices rallied during the week ending Aug. 21 amid tensions between the US and Iran. Dated Brent closed at $94.43/bbl, marking a 2.6% weekly increase according to S&P Global Platts assessmen
Crude oil prices fluctuated early in the week before rallying on US-Iran tensions. Dated Brent closed Friday at $96.57/bbl, down 1.8% weekly according to Platts.
Crude oil prices rallied during the week ended May 15 amid fading hopes for Strait of Hormuz reopening. Dated Brent closed at $112.20/bbl, up 7.1% weekly according to Platts assessments.
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