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Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Shares in ...

Crude oil stocks, not including the SPR, stood at 415.1 million barrels on June 20, the EIA's latest weekly petroleum status report showed.

Following the announcement of a ceasefire between Iran and Israel, global oil markets saw a major drop in crude prices. Brent crude fell nearly 9%, bringing the price down to $70 per barrel. The ...

Singapore, June 24 (BNA): Oil prices hit their lowest in two weeks on Tuesday. Brent Crude futures were down $3.82, or 5.3%, at $67.66 a barrel at 0645 GMT, Reuters reported.

Oil investors backed off Monday after seeing Iran's retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch ...

Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump’s proposal for a bilateral ceasefire with Iran.

The price drops mean increases in oil per barrel seen since Israel first attacked Iran's nuclear facilities earlier this month have been reversed.