Singapore-Sana
Oil prices extended gains today as investors awaited any moves against Russian oil and gas exports that might be taken during the G7 leaders meeting in Germany.
Reuters reported that Brent crude futures rose 22 cents, or 0.2 percent, to $113.34 a barrel.
US West Texas Intermediate crude reached $107.73 a barrel, up 11 cents, or 0.1 percent, after rising by 3.2 percent in the previous session.
The two contracts recorded their second weekly decline last week, with the reinforcement of the rise in interest rates in the major economies and raising fears of a recession.
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