Oil Extends Gain With Focus on Supply Uncertainty, Weaker Dollar
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Oil extended a string of marginal gains to settle above $72 a barrel amid uncertainty over global supplies and a slumping dollar that made commodities priced in the currency more attractive.
Crude has risen for three straight sessions on the prospect of supplies tightening after the disruption of a key Kazakh pipeline and reports that OPEC+ may push back a planned production increase.