Oil Prices Edge Lower on Signs of Rising Crude Exports From Middle East
Oil prices declined in early Asian trade amid indications of increasing crude exports from the Middle East. ANZ Research analysts noted that exports from the Persian Gulf have risen significantly over the past week, approaching pre-U.S.-Iran conflict levels.
Oil prices edged lower in early Asian trade on signs that crude exports from the Middle East are rising. -Iran conflict, ANZ Research analysts said in a research note.