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Oil prices stuck between geopolitical worries and expectations for surplus
Oil futures were modestly higher in pre-holiday trade Tuesday, holding their recent range with support tied to lingering geopolitical worries around Russia and the Middle East and pressure linked to expectations for a crude surplus amid a shaky outlook for demand.
Oil futures were modestly higher in pre-holiday trade Tuesday, holding their recent range with support tied to lingering geopolitical worries around Russia and the Middle East and pressure linked to expectations for a crude surplus amid a shaky outlook for demand.
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