Oil Edges Higher on Geopolitical Risk, Supply Disruption

Oil Edges Higher on Geopolitical Risk, Supply Disruption

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0210 GMT — Oil prices edge higher after falling overnight. Saudi’s price cuts on crude oil exports have fueled concerns about weak global oil demand, but Houthi attacks on ships in the Red Sea and oil supply disruption in Libya could prop up oil prices, analysts at Saxo Markets say in a research…

#saudi #houthi #redsea #libya #saxomarkets #eia #rrr

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