Oil falls as investors assess Mideast tensions, International Energy Agency’s report
Summary
Petroleum values decreased on Thursday as market participants weighed security concerns stemming from strikes on maritime vessels traveling through Hormuz. Concurrently, energy traders reviewed the freshest monthly briefing issued by the International Energy Agency while examining broader tensions across the Middle East.
Oil fell Thursday, as traders assessed attacks on ships passing through Hormuz, while digesting the International Energy Agency's latest monthly report.
Source: Read the full story at US Top News and Analysis
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