Business · Energy & Commodities · 2 days ago

Oil prices fall as Middle East supply concerns ease

Oil prices fall as Middle East supply concerns ease

Oil prices fell as traders became somewhat less worried about supplies from the Middle East.

Brent crude dropped to $103.53 a barrel, and U.S. crude fell to $90.97.

A hurricane approaching the U.S. Gulf Coast could still disrupt supplies there.

Changes in oil prices can affect the cost of fuel.

Sources

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