Oil gives back gains as impact from Middle East dispute seen as limited

June 5, 2017 / By Surprise Valley Resources

Oil erased earlier gains as a diplomatic clash involving OPEC members Saudi Arabia and Qatar was seen having limited impact on the group’s policy. Futures slipped 0.3 percent in New York, erasing an earlier gain of 1.6 percent. Saudi Arabia, Bahrain, the United Arab Emirates and Egypt said they will suspend air and sea travel …
Source: FuelFix