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Oil prices extended gain on MondayOil prices extended gain on Monday |
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International benchmarks for oil prices continue to move higher on Monday (20 June) on rising expectations that Britain would vote to remain in the EU this week, pushing the dollar lower. Market added that news about lower Norway oil production by approximate 200,000 barrels per day in June also helped support prices.
WTI closed at $49.37/barrel (+$1.39) July delivery
Brent closed at $50.65/barrel (+$1.48) August delivery