Oil prices extended gains on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China’s COVID lockdowns slowing global growth offset concerns about dwindling fuel supplies from Russia. U.S. West Texas Intermediate (WTI) crude futures climbed $2.67, or 2.50%, to $109.36 a barrel. Brent crude futures were up $2.42, or 2.24%, at $110.29 a barrel. Both benchmark contracts were, however, on track to post declines for the week, with Brent set to drop nearly 3% and WTI nearly 2%. The market is continuing to be pushed and pulled by the prospect of a European Union ban on Russian ... (full story)