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Oil slips on Sverdrup field restart, geopolitical fears support

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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