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Market Impact: 0.35
Oil Extends Losses To 4th Straight Session, Sheds Over 4%
Source: Nasdaq
Energy Markets & PricesGeopolitics & War
Oil prices fell sharply for a fourth consecutive session as hopes for diplomatic de-escalation in the Middle East reduced the geopolitical risk premium. The decline is negative for crude-price sentiment, though easing regional tensions could lessen supply-disruption concerns.
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mildly negative
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