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Oil Tumbles To 5-Month Lows As Gaza Ceasefire Holds

Oil Tumbles To 5-Month Lows As Gaza Ceasefire Holds WTI is trading back below $60 for the first time since early May on cautious optimism about easing tensions in the Middle East and the outlook for a global supply surplus. Source: Bloomberg The drop comes as Middle East tensions calm with Israel a......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/energy/oil-tumbles-5-month-lows-gaza-ceasefire-holds