India, June 18 -- Reversing the gains from yesterday's session, crude oil prices have edged lower on Thursday following the reopening of the Strait of Hormuz and the resumption of the free flow of oil from the gulf. Concerns related to early restoration of output in Arab nations restricted the downside movement.
WTI Crude Oil for July month delivery was last seen trading down by $0.53 (or 0.69%) at $76.26 per barrel.
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