Commodities

Crude oil prices end winning run with first weekly fall in nearly a month. Can liquid gold slide further?

Economic Times MarketsSaturday, 29 August 2026

Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Brent fell over 5% for the week, while WTI declined more than 4%. However, prolonged shipping disruptions could push prices higher, with JPMorgan and Goldman Sachs flagging upside risks.

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