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By Rodrigo Santos Andrade
Oil Eases From Three-Day Gain With Focus on Middle East, Russia
visibility comment0 event October 13, 2026 timer 15:23
Oil held steady after three days of gains as traders booked profits from the recent rally amid persistent risks to energy supplies.
Market participants are monitoring whether violence in the Middle East will imperil shipments from the region’s largest oil exporter, Saudi Arabia. The prospect for increased Russian diesel is limiting today’s move, but there is skepticism over the deal announced by US President Donald Trump. Bloomberg’s Mike McGlone joins to discuss.
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