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Oil climbed higher on weaker US dollar

Oil climbed higher on weaker US dollar



International benchmarks for crude oil climbed higher on Monday, 19 April 2021 supported by the weaker US dollar but investors remain cautious amid the rising number of COVID-19 cases in India that could affect demand.

Brent settled up 28 cents, or 0.42% to $67.05/barrel.

WTI gained 25 cents, or 0.39% to $63.38/barrel.