--- title: "Oil falls on hopes of Strait of Hormuz reopening" type: "News" locale: "en" url: "https://longbridge.com/en/news/281324949.md" description: "Oil prices fell in Asia’s afternoon trading session on hopes of the reopening of the Strait of Hormuz." datetime: "2026-04-01T07:59:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281324949.md) - [en](https://longbridge.com/en/news/281324949.md) - [zh-HK](https://longbridge.com/zh-HK/news/281324949.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281324949.md) | [繁體中文](https://longbridge.com/zh-HK/news/281324949.md) # Oil falls on hopes of Strait of Hormuz reopening Oil prices fell in Asia’s afternoon trading session on hopes of the reopening of the Strait of Hormuz. ### Related Stocks - [China Universal CSI Oil & Gas Resources ETF (159309.CN)](https://longbridge.com/en/quote/159309.CN.md) - [Guotai CSI Oil & Gas Industry ETF (561360.CN)](https://longbridge.com/en/quote/561360.CN.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [Fullgoal S&P Oil & Gas Exploration & Production Select Industry ETF(QDII) (513350.CN)](https://longbridge.com/en/quote/513350.CN.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [ICBCCS CNI Oil&Gas ETF (159017.CN)](https://longbridge.com/en/quote/159017.CN.md) - [Invesco Great Wall CNI Oil&Gas ETF (159588.CN)](https://longbridge.com/en/quote/159588.CN.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [ChinaAMC CNI Oil&Gas ETF (159189.CN)](https://longbridge.com/en/quote/159189.CN.md) - [Bosera CSI Oil & Gas Resources Index ETF (561760.CN)](https://longbridge.com/en/quote/561760.CN.md) - [Penghua CNI Oil&Gas ETF (159697.CN)](https://longbridge.com/en/quote/159697.CN.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [HSPC (603353.CN)](https://longbridge.com/en/quote/603353.CN.md) - [Vanguard Energy ETF (VDE.US)](https://longbridge.com/en/quote/VDE.US.md) - [ChinaAMC CSI Petrochemical Industry ETF (159731.CN)](https://longbridge.com/en/quote/159731.CN.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [BP p.l.c. (BP.UK)](https://longbridge.com/en/quote/BP.UK.md) ## Related News & Research - [Formosa Plastics Group Hikes Prices as Middle East Conflict Drives Oil to $110](https://longbridge.com/en/news/281484172.md) - [Ryanair CEO sees oil prices falling soon, reports German magazine](https://longbridge.com/en/news/281494633.md) - [TRADING DAY-Oil Strait back up again](https://longbridge.com/en/news/281575673.md) - [ConocoPhillips Stock (COP) Moved Up by 3.30% on Apr 2: A Full Analysis](https://longbridge.com/en/news/281540399.md) - [EU wheat recovers with oil before Easter break](https://longbridge.com/en/news/281554903.md)