Oil steady after bump from Iran sanctions, strong refining margins
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Oil prices were steady on Tuesday, after a bump the previous day when fresh U.S. sanctions imposed on Iran increased concerns that supply might tighten, as global refining margins remained strong.
Brent crude futures were down 5 cents to $74.73 a barrel by 1046 GMT. U.S. West Texas…
This story appeared on theglobeandmail.com, 2025-02-25 11:39:19.