Oil in New York extended gains to erase a weekly loss, garnering support from a recovery in equities and a softer dollar.
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Oil Trades Near $67 as India Demand Drop Curbs Recovery Optimism
Oil Trades rose toward $67 a barrel as weaker demand from virus-ravaged India partially offset optimism over the global economic recovery.
Crude Oil edges higher on weaker dollar, demand optimism
Crude oil edged higher toward $64 a barrel, aided by a weaker dollar, as traders monitored a patchwork demand recovery from the pandemic.
Crude Oil Prices Choppy, Rising Geopolitical Risks to Spark Oil Volatility
Since the OPEC outcome, which on the whole had been a surprise, crude oil prices have remained relatively rangebound as the market battles the cross-currents of a stronger economic recovery with a resurgence of virus cases.
