Oil Prices Edge Higher After Steep Two-Day Selloff ...Middle East

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Oil Prices Edge Higher After Steep Two-Day Selloff
Oil prices recovered slightly in early Asian trading on Wednesday after two straight sessions of steep declines, as traders weighed the prospect of a larger OPEC+ output increase against signs of tighter U.S. crude inventories.  At the time of writing, Brent futures for December delivery had climbed to $66.17 while WTI was trading at $62.50, up 0.21% on the day. The modest uptick comes after a sharp selloff earlier this week. On Monday, both Brent and WTI fell more than three percent, marking their steepest daily losses since August 1. The…

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