Oil jumps on Israel-Qatar clash, Trump’s Russia sanction threat
Crude oil gained early Wednesday as Israel's strike on Hamas leaders in Qatar and Trump's call for harsher Russia oil sanctions lifted prices. Brent rose 0.9% to $67, while WTI added 59 cents to $63.19. Gains were capped by US EIA's oversupply forecast. On Stocktwits, sentiment on $USO stayed bullish as traders eye next week's Fed rate decision.