Back to News
Market Impact: 0.4

Crude Oil Prices Gain as Strait of Hormuz Remains Closed

Energy Markets & PricesCommodity FuturesGeopolitics & WarFutures & Options

July WTI crude rose 0.25, or 0.26%, while July RBOB gasoline gained 0.0756, or 2.31%, as crude rebounded from a 1-week low. Prices firmed on lingering US-Iran tensions and an elusive peace deal, with Strait of Hormuz disruption risks supporting energy markets.

Analysis

July WTI crude rose 0.25, or 0.26%, while July RBOB gasoline gained 0.0756, or 2.31%, as crude rebounded from a 1-week low. Prices firmed on lingering US-Iran tensions and an elusive peace deal, with Strait of Hormuz disruption risks supporting energy markets.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Demo

Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20