WS #10739
Crude oil prices heading for sharp weekly loss as tanker traffic rebounds in Strait of Hormuz, with Brent at $73.78 and WTI at $70.53. Kazakhstan cuts gas production at Karachaganak field following Ukraine drone attacks on Russia's Orenburg gas processing plant.
Oil market and Strait of Hormuz
Crude oil prices heading for sharp weekly loss as tanker traffic rebounds in Strait of Hormuz, with Brent at $73.78 and WTI at $70.53.
Kazakhstan cuts gas production at Karachaganak field following Ukraine drone attacks on Russia's Orenburg gas processing plant.