WTI crude oil prices climbed higher as trading resumed after holiday, catching up the oil rally amidst output disruptions along the major oil pipeline from Canada to the US. The front-month contract has risen to a fresh two-year high of 58.58 earlier in the day before pullback. While the US market was closed, major currencies strengthened against the greenback.
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Pipeline Disruption Sent WTI Crude Oil to Two-Year High
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