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Oil falls 1% as investors watch Middle East supply disruptions

The Globe and Mail ·
Oil falls 1% as investors watch Middle East supply disruptions

Oil prices settled about 1% lower on Thursday, but stayed above US$100 a barrel, as investors ​weighed the disruption from strikes by Saudi Arabia and Yemen’s ‌Iran-backed Houthis against reports that additional Saudi crude barrels could reach global markets and ease supply concerns.

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