Branch² Intelligence
Oil edges lower, but heads for weekly gain as West Asia supply risks persist
Key takeaway
Oil prices edge lower on inflation-demand fears but hold weekly gain on West Asia supply risks.
- Step 1West Asia supply risks and inflation concerns keep oil prices elevated.
- Step 2Higher crude oil prices raise UK SME input costs (fuel, transport, plastics).
- Step 3Persistent cost pressure squeezes SME margins and may soften consumer demand.
Source: IN:The Hindu BusinessLine
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