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Brent crude slipped to $67.52/barrel and WTI to $63.65 as Russia's Druzhba pipeline resumed flows to Hungary and Slovakia after a Ukraine strike outage. Traders also expect US fuel demand to decline after Labor Day. Despite recent inventory draws, rising OPEC+ supply weighs on prices. Goldman Sachs sees Brent sliding to the low $50s by 2026.
short by / 03:39 pm on 28 Aug
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