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Friday, 03/27/2015 11:15:10 AM

Friday, March 27, 2015 11:15:10 AM

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The closure of Bab el-Mandeb Strait could affect 3.8 million barrels per day (bpd)


Worries over the possible impact of the geopolitical tensions on the Bab el-Mandeb Strait, the closure of which could affect 3.8 million barrels per day (bpd) of crude and product flows, put oil prices on track for weekly gains.

http://www.reuters.com/article/2015/03/27/us-markets-oil-idUSKBN0MN05220150327

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