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News 2026-10-02 08:34 UTC

Oil Prices Fall Amid Recovering Exports and Lingering Shipping Risks

Oil prices declined Friday, retracing some of Thursday's gains as traders assessed the impact of recovering Middle East crude exports against persistent shipping risks and an increased U.S. military presence in the region. Brent crude futures for December fell 1.1% to $101.12 a barrel, while West Texas Intermediate fut