Oil prices edge lower on easing Saudi supply fears
Oil prices fell as concerns over Saudi supply disruptions eased. Brent crude futures dropped to $103.94 a barrel while markets shrugged off widening Middle East conflict.
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Brent Crude Oil fell 0.84% to $103.94 a barrel during Friday morning trade as easing supply concerns outweighed regional tensions. Prices remain on track for their first weekly loss in three weeks, dipping 0.8% overall. The downward move reflects receding fears of prolonged disruptions to Middle East energy shipments.
