Oil prices fall as Saudi Arabia reportedly offers additional crude through Oman
Business Post reports that Brent crude futures traded at $104.59 a barrel after falling $1.24, or 1.2%, as supply disruption fears eased.
TLDR
Business Post says oil prices declined as reports that Saudi Arabia was offering additional crude cargoes through Oman eased concerns about Middle East supply disruptions. Separately, one post argues that markets care about how much oil is available worldwide, rather than tallying Iranian crude leaving the Persian Gulf.
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