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The Economic Times

Business / The Economic Times

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Oil prices mixed as US supply worries linger after winter storm

Oil prices saw mixed movements on Wednesday. A severe winter storm disrupted crude production and halted exports from the U.S. Gulf Coast. This supply concern is supporting prices. Meanwhile, tensions in the Middle East and issues in Kazakhstan's oilfields are also contributing to market uncertainty. OPEC+ is expected to maintain its current output levels.

28 Jan 2026 7:24 am