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Oil rises marginally, gains capped by high U.S. supplies

Monday 23 February 2015


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Crude-oil futures eased early Monday amid investor concerns about excess crude in U.S. markets.

Sweet crude futures for delivery in April CLJ5, -0.93%  traded at $50.65 a barrel , down 16 cents in the Globex electronic session. Brent crude for April delivery LCOJ5, -0.53%  fell 5 cents to $60.17 a barrel on London’s ICE Futures exchange.

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