Crude oil trims gains as Greek euphoria fades

Source: Forexpros

On Monday, crude was advancing in the European morning trading session, but it went off the highs, since investors remained cautious about the ability of winning party to form a coalition and increasing borrowing costs for Spain and Italy. On the NYMEX, July delivery futures for crude were traded at USD84.41 per barrel, which was a loss of 0.4% during the morning session.

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