Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return
Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows weigh down prices. In Asian trade early on Friday, with U.S. markets closed for the July 4 weekend, both benchmarks, Brent and WTI, we
OilPrice · July 3, 2026