Slight oil slip bucks trend of wild price swings as ship stuck in Suez Canal refloated
Hundreds of other container ships, bulk carriers and oil-laden tankers are backed up at both ends of passage
29 March 2021 - 08:00
Tokyo — Oil was slightly lower on Monday, relatively placid after four sessions of wild swings in price, as the giant container ship clogging the Suez Canal was refloated and little new emerged in the demand picture.
Brent oil was down 18c, or 0.3%, at $64.39 a barrel by 3.41am. US crude fell 22c, or 0.4%, to $60.75 a barrel...
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