Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Brent falls 1.1% to $113.22 after 5.8% surge, WTI drops 1.9% to $104.40 following 4.4% gain on Monday; Global oil stocks declining to the lowest level in eight years, says Goldman Sachs The post Oil eases on signs US is loosening Iranian closure of Strait of Hormuz appeared first on Profit by Pakistan Today.