USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

172

Oil Continues to Rise, Gaining 71 Cents

Oil extended gains on Monday, nearing $95 a barrel as the dollar fell

Oil Continues to Rise, Gaining 71 Cents

Oil extended gains on Monday, nearing $95 a barrel as the dollar fell and some OPEC members pushed for action to stem their declining purchasing power.

U.S. light crude for January delivery , the new front month contract, rose 71 cents to $94.55 a barrelon the NYMEX.

London Brent crude rose 67 cents to $92.29 a barrel in the ICE Futures.

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