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US oil extends gain to $128

Started by forex4you, Mar 08, 2022, 05:16 pm

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US oil extends gain to $128

It looks like yesterday’s reprieve was a stay of execution, not a reversal.

WTI is now up to $128.08, nearly $9 per barrel. The latest leg of strength came after reports of a US and UK ban on  oil. There’s also talk that could scuttle an Iran nuclear deal.

Source: US oil extends gain to $128
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