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Market Impact: 0.45
Oil holds near two-week lows on easing supply concerns
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices remained near their lowest level in more than two weeks as improving Gulf crude supplies eased supply concerns. Prices were also capped by increasing expectations for a diplomatic resolution to the US-Israeli war on Iran, reducing the geopolitical risk premium in crude markets.
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