Oil muted as price cap proposal eases supply concerns

  • G7 price cap on Russian oil could be above current trading level
  • EIA gasoline stocks data shows higher than expected build
  • COVID-19 controls tighten in China

Nov 24 (Reuters) – Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on…

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