Oil Dips as Saudi Crude Flows Resume, Easing Supply Disruption Fears

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Source: CNBC
Oil Dips as Saudi Crude Flows Resume, Easing Supply Disruption Fears
Photo: CNBC
TL;DR

Oil prices slipped about 2% as Saudi crude shipments via Oman eased fears of supply disruption despite fresh Saudi-Houthi strikes; Brent hovered around $102.6 and WTI near $100 as markets weigh geopolitics and pipeline restoration against a backdrop of improving logistics for Saudi exports.

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