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Oil little changed as investors eye impact of storm Beryl on Texas

Oil little changed as investors eye impact of storm Beryl on Texas

Oil prices held steady with Texas ports closed for Tropical Storm Beryl, a potential Category 2 hurricane. Brent at $86.65, WTI at $83.08. Analyst Tony Sycamore cited power outages, inventory draws, and rate cut hopes from easing inflation. Energy Information Administration data showed weekly draws, with unchanged Baker Hughes rigs. Key ports Corpus Christi and Houston closed.

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