US crude oil futures fall 1.3% to $88.28 per barrel
US crude oil futures settled down 1.3% at $88.28 a barrel, as traders weighed increased Hormuz flows against rising Iranian attacks on ships.
Key Takeaways
AIUS crude oil futures fell 1.3% to $88.28 per barrel at settlement.
Earlier on Wednesday, oil prices had risen as traders weighed increased flows through the Strait of Hormuz against escalating Iranian attacks on ships.
Brent crude futures climbed 93 cents, or 0.92%, to $101.51 a barrel, while West Texas Intermediate rose 82 cents, or 0.92%, to $90.25.