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Oil prices extend losses as supply disruption fears ease
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices extended losses on Thursday after reports of additional Saudi crude cargoes via Oman eased near-term supply concerns. Brent/WTI-equivalent crude remained above $100 per barrel, however, as investors continued to price in the risk that the Middle East conflict could broaden and disrupt regional supply.
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