Oil Prices Fall on Weaker Demand Outlook; Karoline Leavitt Leaving White House Press Secretary Post

By The Epoch Times | Created at 2026-08-13 14:56:49 | Updated at 2026-08-13 16:20:04 1 hour ago

Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, though prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply. Brent futures were down $2.20, or 2.47%, at $86.78 a barrel by 1324 GMT, tri...

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