MarketWatch | Oil prices finish lower after Middle East countries cut Qatar ties MarketWatch “Generally, increased tensions in the Middle East props up oil prices with a fear bid, but the dynamic of this Qatar issue is different because it is largely between Saudi Arabia and Iran,” Tyler Richey, co-editor of the Sevens Report, told MarketWatch. Oil Slips as Gulf Diplomatic Clash Seen to Have Limited Impact Oil falls nearly 1% on over Mideast rift Oil dips as Qatar rift seen threat to output cuts, sterling firms |