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Market Impact: 0.55
Oil prices fall 1% on hopes of limited supply disruptions
Source: reuters.com
Energy Markets & PricesGeopolitics & WarTransportation & Logistics
Oil prices fell about 1% for a third consecutive session but remained above $100 per barrel. Hopes for alternative routes to move Middle Eastern crude to markets outweighed supply-risk concerns stemming from strikes involving Saudi Arabia and Yemen's Houthis.
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mildly negative
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