Brent retreats nearly 4% from $100 to about $96.8, still on track for a ~10% weekly gain (Energy)

Financedesk view

Brent retreats nearly 4% from $100 to about $96.8, still on track for a ~10% weekly gain (Energy)

Crude pulled back on July 24 after topping $100 on Thursday. Per Reuters, Brent settled around $96.78 a barrel, down $3.91 or about 3.88%; WTI eased in tandem. …

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Energy/Climatedesk view

Brent Falls More Than 4%, but Middle East Shipping Disruptions Keep Weekly Gains High

Crude futures fell more than 4% on Jul 24 after reports that China was pushing to restart US-Iran talks, but the conflict, sharply reduced Strait of Hormuz traf…

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