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Oil price continues to advance on optimism of extended production cut - Windsor Blog
WTI oil extends advance and holds in green for the fifth straight day, with bulls establishing above $58 mark and posting new six-week high at $58.38 on Tuesday. Fresh optimism on OPEC+ group attempts to extend production cut keeps the price well supported, as Monday’s 2.4% rally resulted in close above pivotal barriers at $56.98 …