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Market Impact: 0.35
Oil prices extend losses as fears of Middle East supply disruptions ease
Source: reuters.com
Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarTrade Policy & Supply Chain
Oil prices fell in early Thursday trading, extending the prior session's losses, after reports that Saudi Arabia was offering additional crude cargoes via Oman. The potential rerouting of supply eased market concerns over Middle East disruption risks, pressuring crude prices.
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