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Market Impact: 0.48
What's Going On With Oil Prices Right Now?
Source: schaeffersresearch.com
Energy Markets & PricesCommodities & Raw Materials
WTI crude surged as much as 6.7% to $102.48 per barrel on Thursday, reclaiming the $100 threshold for the first time since May. The sharp move signals renewed bullish momentum in oil prices and could support energy-sector equities while increasing inflation concerns.
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mildly positive
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