Oil muted as price cap proposal eases supply concerns

Oil muted as price cap proposal eases supply concerns

Oil muted as price cap proposal eases supply concerns - Summary - G7 price cap on Russian oil could be above current trading level - EIA gasoline stocks data shows higher than expected build - COVID-19 controls tighten in China Nov 24 (Reuters) - Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on the price of Russian oil raised …