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Oil Prices Extend Losses Amid Easing Middle East Supply Concerns

Oil prices continued to fall, extending previous losses as market fears regarding Middle East supply disruptions eased.

The downward trend was largely driven by reports indicating that Saudi Arabia is offering extra crude cargoes through Oman, helping to offset regional pipeline constraints.

While Brent and WTI futures experienced notable declines, broader geopolitical tensions and inventory data continue to keep energy markets closely monitored.

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