Oil Prices Slip as Traders Look Past Kazakhstan Disruption ...Middle East

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Oil Prices Slip as Traders Look Past Kazakhstan Disruption
source : OILPRICE ( Middle East ) () 52
Oil prices fell in early Asian trading on Wednesday, with traders shifting focus away from what will likely be a short-lived supply disruption in Kazakhstan and back toward the prospect of rising U.S. inventories and renewed macro uncertainty tied to trade threats. At the time of writing, Brent was down $0.79 or 1.22% at $64.13 per barrel, while WTI had fallen $0.64 or -1.06% to $59.72. The decline comes a day after crude posted strong gains, buoyed by news that OPEC+ producer Kazakhstan halted output at the Tengiz and Korolev oilfields…

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