WTI Tops $106 as Oil Extends 8-Day Rally
WTI crude jumped 6.61% to $106.58 and Brent rose 5.9% to $117.81, marking eight straight days of gains. A sharp fall in US oil inventories reported by the EIA, combined with no progress on the ongoing Middle East conflict, drove the rally. Sustained prices above $100 raise inflation and fuel cost concerns across major