Oil slips as Middle East crude exports rise, G7 to release stocks

NEW DELHI/SINGAPORE: Oil prices edged lower on Monday as rising ​Middle East crude exports and a release of oil stocks by the Group of Seven ‌nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure amid the US-Israeli war on Iran. Brent crude futures fell 66 cents, or 0.65 percent, to $101.59 a barrel at 05:40 a.m. Saudi time, while US West Texas Intermediate crude was at $90.12 a barrel, down 95 ​cents, or 1.03 percent. Brent gave up most of its gains last