Report
Oil edged lower on October 27 as diplomacy hopes met supply worries over attacks on Saudi Arabia
The Economic Times, carrying Reuters, reports Brent stayed near six-month highs despite its October 27 dip.
TLDR
Reuters, carried by The Straits Times and The Economic Times, reports oil prices edged lower on October 27 as talks with Iranian officials raised hopes of easing the US-Israeli war on Iran. Brent fell 0.57% to $115.15 a barrel as of 00:00 GMT, but renewed Houthi attacks on Saudi Arabia and shipping risks in the Strait of Hormuz kept supply concerns alive.
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