Oil Prices Hold Steady Amid Supply Disruptions and Strong Dollar

Reported about 17 hours ago

Oil prices remained steady as traders navigated concerns about supply disruptions in Iraq alongside a strengthening US dollar. Brent crude traded slightly higher, while supply worries were evident with falling stockpiles in key US storage locations and ongoing production losses in Iraqi Kurdistan due to drone attacks. Despite these issues, Kurdistan hasn't exported crude oil for over two years, minimizing their impact on global prices.

Source: YAHOO

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