Crude oil near four-month lows on eased supply concerns
Crude oil prices hover near four-month lows as supply concerns ease. Global benchmark Brent crude trades around $82/barrel, down from recent highs. Weaker demand outlook and ample supply from OPEC+ weigh on prices. A sustained dip benefits Indian refiners and reduces import bill.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.