Oil is recovering some of its earlier loss ...Middle East

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Oil is recovering some of its earlier loss
Oil is off its session lows. It opened with a gap lower after there were some easing of tensions in the Middle East:Oil futures have opened for the new week - price drop as weekend risk passesMiddle East geopolitical tension eased back a little over the weekendReports that progress has been made in Gaza ceasefire talksGold dropped also and its fully recovered: This article was written by Eamonn Sheridan at www.forexlive.com.

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