Oil Extends Decline: Brent ~$80.54/bbl (-3.16%), Energy Stocks Under Pressure

Generaldesk view

Brent crude falls below $80 as Hormuz reopening expectations drive extended losses

Per CNBC and Trading Economics on June 16, after the U.S.–Iran MOU and Trump's pledge that Hormuz will "completely open," Brent futures fell below $80/barrel, b…

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Financedesk view

Oil Extends Decline: Brent ~$80.54/bbl (-3.16%), Energy Stocks Under Pressure

On June 16, crude extended Monday's slide. Per Yahoo Finance historical data, Brent futures (BZ=F) settled ~$80.54/bbl, down ~3.16% intraday, low $79.61; down ~…

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Financedesk view

Oil Slide Weighs on Energy: Brent Near $78; Exxon and Chevron Down 4%+

On June 18, oil extended post-deal declines and energy stocks fell. Per Sherwood News and Aawsat, Brent slipped toward $76–78/bbl and WTI toward $74–75; US gaso…

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