WTI rallies into $106.00s, eyes recent highs near $110 with focus on EU’s proposed embargo on Russian oil

Oil prices have turned sharply higher this Wednesday in wake of a proposal by the European Commission to phase out all imports of Russian oil within s
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United States S&P Global Services PMI came in at 55.6, above expectations (54.7) in April

United States S&P Global Services PMI came in at 55.6, above expectations (54.7) in April
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