US oil extends gain to $128It 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 (https://www.forexlive.com/news/us-oil-extends-gain-to-128-20220308/)
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