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BUSINESSBloomberg Markets·1d ago

Latest Oil Market News and Analysis for Oct. 1

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AI TLDR · GEMINI

Oil prices stabilized following recent gains as markets remain uncertain about the sustainability of Middle East supply flows.

Oil rose back over the $100 mark as investors weighed a potential return to active conflict between the US and Iran, a prospect that could further tighten crude oil and refined product supplies.

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