Crude oil runs higher on threat of sanctions on Russian oil ...Middle East

The possibility of removing Russian supply from global markets has pushed crude oil prices higher.

Crude moved back above its 200-day moving average today at $67.97.

That’s just $0.20 shy of the July 14 high at $69.61, a key resistance level to watch.

The price of crude oil is settling at $69.21 up $2.50 or 3.75%.

This article was written by Greg Michalowski at investinglive.com.

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