Crude oil futures end lower on Friday
US President Donald Trump continues to pressure Iran to fully reopen the Strait of Hormuz
Crude oil futures ended lower on Friday as US President Donald Trump continues to pressure Iran to fully reopen the Strait of Hormuz. Trump also warned that U.S. forces will remain stationed near Iran and would strike back with more might if Iran does not adhere to the decisions agreed to during the ceasefire.
Benchmark crude oil futures for May delivery slipped by $1.30 or 1.33% to settle at $96.57 a barrel on the New York Mercantile Exchange. Brent crude for June delivery decreased by $0.72 or 0.75% to settle at $95.20 a barrel on London's Intercontinental Exchange.
