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Adds To Recent Gains

OIL

After a positive day on Friday oil has added to gains to start the week, breaking above Friday's highs. WTI is up $0.32 from settlement at $71.23/bbl while Brent is up $0.32 at $73.01/bbl. Crude futures rose just shy of 2% last week as markets assessed positive demand cues from the US and Europe. This week focus will fall on talks over the Iran nuclear deal ahead of an Iranian election on June 18.

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