Oil Holds Gain as Risk to Supply Weighed After Turkey Coup Fails

July 18, 2016 1:52 AM

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Oil Holds Gain as Risk to Supply Weighed After Turkey Coup Fails

Brent oil held gains following a failed military coup attempt in Turkey, a conduit for crude from Russia and Iraq to the Mediterranean Sea.

Futures were little changed in London after rising 0.5 percent Friday. President Recep Tayyip Erdogan returned to Istanbul Saturday and ordered reprisals for the failed attempt to oust him. Oil tankers are loading and unloading cargoes normally at Turkey’s ports and supplies are arriving in ships an...

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