OIL PRICE: ABOVE $74 ANEW
REUTERS - Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains.
Oil prices were supported by supply concerns amid prospects that the United States could reimpose sanctions on Iran, while OPEC-led producers continue to withhold output.
Brent crude futures LCOc1, the international benchmark, had dipped…
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