Crude oil prices moved up further, extending a rally above $100 per barrel as Russia continued its attacks in major cities in Ukraine. Meanwhile, the US Oil rigs rose by six to 624 for the week ended April 13, adding onto the recent gains and could keep a check on oil in near term. Major monthly reports for oil are out for this month now and fresh triggers could emerge in the form of Russian sanctions. Movement in equities and trends in dollar would be the key for the commodity now. WTI Crude currently trades at $108 per barrel, up marginally on the day.
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