Oil prices show a mixed trend; hopes of the resumption of traffic through the Strait of Hormuz may offset the unexpected increase in US crude oil inventories
2026-08-06 04:54:49
According to CoinMeta, oil prices showed a mixed trend, with the hope of the resumption of traffic through the Strait of Hormuz offsetting the impact of an unexpected increase in U.S. crude oil inventories. Analysts pointed out that changes in the situation at the Strait of Hormuz could lead to fluctuations in oil prices, especially as the United States and Iran resume negotiations. On Wednesday, Brent crude oil futures prices rose slightly to around $79 per barrel, while the price of U.S. benchmark crude oil fell to around $75, a decrease of about 0.7%. At the same time, U.S. crude oil inventories increased by about 2.5 million barrels last week, exceeding market expectations. The market will closely monitor any possible announcement regarding an agreement at the Strait of Hormuz on Friday, and sentiment could fluctuate sharply due to this news.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.
Hot Articles