Crude higher but gains capped

Source: Forexpros
© Scanpix/AP
On Monday, crude oil was traded higher, but gains seemed to be capped by a streak of disappointing data from Eurozone. On the NYMEX, December delivery futures for light sweet crude were traded at $86.89 per barrel, which was a 0.25% decline for the European morning trade. Earlier, the commodity prices hit a session high of $87.47.
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