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Oil Prices Fall on Weaker Demand Outlook; Karoline Leavitt Leaving White House Press Secretary Post

Aug 13, 2026
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 ...
Oil Prices Fall on Weaker Demand Outlook; Karoline Leavitt Leaving White House Press Secretary Post
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