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The Economic Times
The Economic Times

Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks

Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.

Brent crude futures fell 61 cents, or 0.57%, to $106.04 a barrel by 0000 GMT while US West Texas Intermediate crude futures were down 47 cents, or 0.5%, at $93.27 a barrel.

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