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Oil Slides With Focus on Russian Crude Flows, Refinery Strikes

Bloomberg · last updated

Oil declined as traders parsed through the impact of the European Union’s latest moves on Russian supplies and strikes by Ukraine on the OPEC+ member’s energy infrastructure.

The West Texas Intermediate contract for October delivery, which expires on Monday, settled near $63 a barrel. The more active November contract settled lower, near $62. Global benchmark Brent settled above $66.

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