Oil dips on profit taking but remains near two-year highs
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brecorder
12 days ago

Oil dips on profit taking but remains near two-year highs

SINGAPORE: Oil markets dipped on Wednesday as traders took profits after crude prices hit two-year highs, but markets remained well supported by expectations of strong Chinese demand and tightening supplies. Traders said the market was eyeing growing tensions in the Middle East with concern, keeping a cautious tone on trade. Brent futures, the international benchmark

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