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As Gas Prices Continue To Soar, This Oil Fund Flies Through Resistance: What’s Next?

WTI Crude prices surged over $115 again on Friday after briefly spiking up to $116.51 on Thursday. The rising prices have been exacerbated by Russia’s invasion of Ukraine and the fear the U.S. may ban Russian oil from its shores, although the price of crude has been rising steadily since Dec. 2, when it hit a bottom at the $62.56 mark.

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