Oil edges lower as investors await details on fallout from Saudi attack

Oil was down slightly in early London trading while European markets opened lower as investors weighed up the implications of a major attack on Saudi Arabia’s oil infrastructure at the weekend. Brent crude — the international oil marker — was down 0.7 per cent at $68.58 as markets opened in London, having peeled back as much as 1.7 per cent in Asian trading. West Texas Intermediate, the US benchmark, slipped 0.9 per cent to $62.37.

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