Oil prices were little changed on Thursday, after having fallen over 5 percent in the previous session amid optimism over a possible easing of Middle East tensions.
Brent crude futures for July delivery were down 0.3 percent at $104.72 a barrel while WTI crude futures slipped 0.2 percent to $98.07.
Both benchmarks dropped around 5.6 percent on Wednesday to their lowest in more than a week amid expectations for a near-term restart of energy flows through the critical Strait of Hormuz.
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Market Analysis
Oil Prices Little Changed After A Sharp Slump
2026-05-21 09:47:41
