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Oil falls after loadings resume at key Russian export hub
Reuters·2025-11-17 01:37

Core Viewpoint - Oil prices declined in early Asian trade, reversing last week's gains due to the resumption of loadings at the Russian export hub of Novorossiysk after a two-day suspension caused by a Ukrainian attack [1] Group 1 - Oil prices fell as loadings resumed at Novorossiysk, a key Russian export hub [1] - The decline in oil prices occurred after a two-day suspension of operations at the Black Sea port [1] - The market reaction indicates sensitivity to geopolitical events affecting oil supply [1]