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Oil edges down ahead of US election, China NPC meeting
Oil prices dipped slightly on Tuesday as market participants awaited the results of the U.S. presidential election. The slight decline followed a surge of over 2% on Monday after OPEC+ postponed production increases. The decision eased supply concerns, which had been heightened by rising non-OPEC output and weak demand. Analysts predict prices will remain range-bound in the short term.
