Oil Falls Below $80 For First Time in More Than Three Months
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing.
Gasoline prices are also falling. Bloomberg Mike McGlone joins to discuss. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't
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