WTI Oil Gaps Higher and Rises Further $2.5 as Middle-East Conflict Shakes Oil Markets

WTI oil opened with $2 gap higher on Monday and advanced further $2.5 in Asian session, as global supply concerns deepened following the latest wild clashes in the Middle East. Fresh strength reversed so far over 38.2% of the recent $95.00/$81.52 pullback and last week’s nearly 9% drop (the biggest weekly fall since March), adding […]

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