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CRUDE OIL LIVE NEWS PRESENTED BY ROYALTRADERS

Live News Update

Oil rises on Iran sanctions, though U.S.-China trade war clouds outlook

 Oil prices rose on Monday as markets were expected to tighten once U.S. sanctions against Iran's crude exports are implemented next month.

Front-month Brent crude oil futures (LCOc1) were at $79.99 a barrel at 0558 GMT, up 21 cents, or 0.3 percent, above their last close.

U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $69.34 a barrel, up 22 cents, also 0.3 percent above their last settlement.

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