Oil Prices Up as Traders Turn to Fu­tures

The Economic Times - - Finance & Commodities -

Oil prices rose on Mon­day, with traders shift­ing money into crude fu­tures as the dol­lar weak­ened, and as con­cerns rose that new US sanc­tions against Iran could be ex­tended. Brent crude fu­tures were trad­ing at $56.96 per bar­rel at 0750 GMT, up 15 cents from their last close.

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