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Brent price forecast: could oil fall below $85 as Hormuz fears ease?

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Brent extended its retreat towards the mid-$80s on Thursday as traders priced in progress towards reopening the Strait of Hormuz. Brent futures were down 0.5% at $87.43 a barrel in trading, with Qatar’s prime minister due in Iran to revive…

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Brent price forecast: could oil fall below $85 as Hormuz fears ease?
Invezz 10h ago

Brent price forecast: could oil fall below $85 as Hormuz fears ease?

Brent extended its retreat towards the mid-$80s on Thursday as traders priced in progress towards reopening the Strait of Hormuz. Brent futures were down 0.5% at $87.43 a barrel in trading, with Qatar’s prime minister due in Iran to revive…