Energy
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Oil Strengthens

Oil StrengthensOil Strengthens

Brent for February settlement gained 65 cents to $60.10 a barrel on the London-based ICE Futures Europe exchange on Monday. The contract declined 79 cents to close at $59.45 on Dec. 26, capping a fifth weekly loss. The amount of trading was 61 percent below the 100-day average for the time of day, Bloomberg reported.

 

Financialtribune.com