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Oil price extends strong rise into second consecutive day, advancing 1.6% during European session on Wednesday, following 3.45% advance on Tuesday (the biggest daily gain since Aug 12). Growing fears that further escalation of the war in the Middle East could disrupt crude supply from the region, lifted oil prices significantly during past two sessions. […]

The post WTI Oil Outlook: Crude Prices Extend Gains on Escalation of the Middle East Crisis appeared first on Action Forex.

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