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Oil prices continue steady decline after Trump declares Project Freedom a success

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(The Center Square) – The price of Brent crude oil continued a steady decline Thursday, a day after President Donald Trump announced that a secret U.S. military mission has been escorting commercial vessels through the Strait of Hormuz.

Brent crude closed Wednesday at $93.10 per barrel and $92.86 on Thursday, continuing a decline that has followed a four-year intraday high of $126.41 per barrel in April. The easing began in earnest in late May, when prices dropped from over $110 per barrel into the 90s.

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Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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