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Oil slips but set to end week above $100 for first time since mid-May as U.S. diesel hits record high
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainCommodities & Raw Materials
Oil remained on track to finish the week above US$100 per barrel for the first time since mid-May, despite slipping on Friday, while U.S. diesel prices reached a record high. Attacks on key Middle East shipping routes are raising fears of prolonged supply disruptions, increasing inflationary and energy-cost risks for consumers and industry.
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