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 Oil Extends Gains as Investors Weigh Russian Ban, China Outlook.

Oil Extends Gains as Investors Weigh Russian Ban, China Outlook.

Oil advanced for a third day, bookending another tumultuous week of trading as investors weigh the prospect of a European Union ban on Russian crude imports and uncertainty over China’s virus resurgence.

West Texas Intermediate futures rose above $107 a barrel, but are still set for the first weekly decline in three.

https://www.bloomberg.com/news/articles/2022-05-12/oil-extends-gains-as-investors-weigh-russian-ban-china-outlook?srnd=markets-vp-

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