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WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.

The oil market has rallied after consolidating at the long-term support and has reached the short-term resistance area.

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

The energy composite includes WTI and Brent crude oil, gasoline, heating oil, natural gas, and ethanol. While the composite ...