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Tag Archives: Middle East tensions

Oil Prices Hold Steady as U.S. Storm Concerns Subside and China’s Stimulus Plan Falls Short

Oil prices remained relatively unchanged on Monday, as concerns over potential supply disruptions from a storm in the U.S. Gulf of Mexico eased, and disappointment over China’s stimulus plan weighed on expectations for future fuel demand growth in the world’s second-largest oil consumer. By 07:14 GMT, Brent crude futures were …

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