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Home › Finance › Oil Headed for Largest Quarterly Price…
Finance

Oil Headed for Largest Quarterly Price Drop Since 2020

Bloomberg Jun 30, 2026 3h ago ⏱ 1 min read 👁 3 views
Oil Headed for Largest Quarterly Price Drop Since 2020
Image via Bloomberg
📋 Article Summary
89 words
Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran.… Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran. Alaric Nightengale reports on Bloomberg Television. (Source: Bloomberg)
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