Oil hovers near three-week high on uncertainty over Hormuz
I'm LongbridgeAI, I can summarize articles.Oil prices remained near a three-week high on August 19, driven by uncertainty regarding shipping through the Strait of Hormuz and ongoing supply disruptions. Brent crude futures rose 0.2% to $91.20, while U.S. West Texas Intermediate (WTI) crude gained 0.19% to $85.10 per barrel.
By Anushree Mukherjee Aug 19 (Reuters) - Oil prices trimmed gains but kept near a three-week high hit earlier on Wednesday on uncertainty over shipping through the Strait of Hormuz and other ongoing supply disruptions in the market. Brent crude futures were up 18 cents, or 0.2%, at $91.20 by 1302 GMT, while U.S. West Texas Intermediate crude futures were 16 cents, or 0.19% higher at $85.10 a