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Oil slips on Sverdrup field restart, geopolitical fears support

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Oil slipped on Tuesday pressured by the restart of production at Norway’s Johan Sverdrup oilfield, although investor caution arising from fears of an escalation in the Russia-Ukraine war limited the decline. Equinor EQNR.OL has resumed partial production from the oilfield, Western Europe’s largest, following a power outage. An outage at the North Sea field helped ...

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