Oil Steady as Traders Assess Shipping Flows; Monthly Gains in Sight

Summary Brent and WTI on track for monthly rises Two VLCCs exit Strait of Hormuz, Bab el-Mandeb sees 29 commodity vessels transit ADNOC buys tankers as Red Sea, Hormuz crisis reshape oil ​trade Ukraine’s military says it hit Russia’s Volgograd oil refinery July 31 (Reuters) – Oil prices were steady on ‌Friday and on track … Read more