Oil slips in early trade but stays above $100
Oil is lower in early Asian trade but remains above $100 a barrel, supported by ongoing Middle East conflict-related supply squeeze and physical supply disruptions, according to market talk cited by Antonio Di Giacomo of XS.com.
Oil fell in early Asian trade but stayed above $100 a barrel as the Middle East conflict continued to tighten supply. com said in a note that a strong mix of geopolitical risks and physical supply disruptions continued to support crude oil.