Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, though prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.
Brent futures were down $2.20, or 2.47%, at $86.78 a barrel by 1324 GMT, tri...
Oil Prices Fall on Weaker Demand Outlook; Karoline Leavitt Leaving White House Press Secretary Post
Aug-13-2026
Read More