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Oil futures rose in Monday trading, looking to build on a fourth straight weekly climb on expectations crude supplies will tighten in the second half of the year.
Price action
Market drivers
WTI and Brent crude rose 2.3% and 1.5%, respectively, last week. Oil prices remain lower year to date but have found their footing on expectations the physical market will move into deficit over the second half of the year.
Supply…
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