Tag: hopes offset
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Oil prices fall as peace hopes offset fears of growing Middle East conflict
TOKYO, Oct 29 : Oil prices fell on Thursday, paring the previous day’s gains, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict.Brent crude futures declined 82 cents, or 0.7 per cent, to $114.50 a barrel by 0132 GMT. US West Texas
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