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Crude Oil remains trading higher in the Asian session
remains trading higher in the Asian session
The Brent crude prices were
trading above $65 per barrel on Monday trading session, hitting the highest
level in more than 4 months. The oil was supported by worries about the fighting
in Yemen which can disrupt
oil supplies from Middle East region. In
addition to speculations that the U.S shale outputs may decline. On the other
hand, the market analysts believe that the current volatility in crude oil
prices is due to the different pressure on prices amid mixed data in the global