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Oil stable as higher Middle East exports offset supply threats

Source: The Globe and Mail

Energy Markets & PricesCommodity FuturesGeopolitics & WarNatural Disasters & Weather

Brent futures held above US$100 a barrel on Wednesday as investors weighed higher Gulf exports against supply risks from the Middle East conflict and a storm approaching U.S. oil-producing regions. Prices were reported as stable; the article gives no specific price change or storm-related production impact.

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