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Oil set to close lower for second straight week

Oil prices are heading for a second weekly drop as hopes for a Russia-Ukraine peace deal overshadow concerns over Venezuelan supply disruptions. While a U.S. blockade of Venezuelan tankers was announced, its enforcement remains unclear. Analysts suggest potential Russian oil measures could pose a greater market risk. Prices are currently hovering around $56-$60 per barrel.

Source :- Markets-Economic Times Read More

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