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Crude faces volatile week as W Asia supply risks keep mkts tense: Analysts
Crude oil prices are poised for another volatile week, with supply worries in West Asia keeping markets on edge and stalled US-Iran talks adding to fears of fresh disruptions, even as efforts to ease shortages offer some relief, analysts said. Investors will track weekly crude stocks data from the American Petroleum Institute (API), Cushing inventories, overall US oil stocks and crude imports for signals on the supply-demand balance. The Strait of Hormuz remains a key source of uncertainty, wit…
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