Global oil markets experienced modest fluctuations on Thursday as traders grappled with ongoing geopolitical uncertainties in the Middle East and Eastern Europe. The upcoming U.S. presidential election added another layer of complexity to the market outlook. While oil prices have rebounded slightly this week, they remain volatile due to conflicting factors such as potential supply disruptions and concerns about economic growth and demand. Analysts suggest that these opposing forces may prevent a clear price direction in the near term.
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