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WTI crude plunged $5.40 (5.9%) to $85.89 on Monday, April 20, extending last week's softness as a combination of geopolitical relief and macro pressure weighed on global oil benchmarks. Brent slipped $0.65 to $94.28 — a narrowing spread that reflects U.S.-specific selling

Crude oil prices suffered one of their steepest single-session drops in years on Friday afternoon as Iran's announcement that the Strait of Hormuz is open to commercial shipping triggered a massive wave of long-side liquidation across energy markets. Hormuz Declared Open — WTI Crashes Nearly 10% According

U.S. crude oil surged Thursday after diplomatic signals out of Washington suggested the months-long Iran standoff may be approaching a negotiated exit. According to Hart Energy, WTI settled up 3.72% at $94.69/bbl and Brent closed at $99.39/bbl, up 4.7% on the day