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Oil prices little changed as profit locked in; supply worry supports

Reuters  |  NEW YORK 

By Ayenat MersieNEW YORK (Reuters) - Oil prices were little changed on Tuesday as investors took profit following last week's rally above three-year highs, with prices supported by growing concern over the potential for supply disruptions.Brent crude oil futures were down 9 cents at $71.33 a barrel by 11:50 a.m. EDT (1550 GMT), having come off an earlier high of $71.89, while U.S. crude futures slipped 8 cents to $66.14."We're starting to see a little of the premium come off from geopolitics, and the focus is shifting to inventories," said Bill Baruch, president of Blue Line Futures in ...

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First Published: Tue, April 17 2018. 22:13 IST
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