OIL PRICE: NOT ABOVE $70 YET
REUTERS - Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran.
U.S. WTI crude futures CLc1 were at $65.21 barrel at 0122 GMT, up 27 cents, or 0.4 percent, from their previous settlement.
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