Oil rises over $60 a barrel on expectations of Greek debt negotiations

Source: Marketwatch
Oil price gained in early Monday morning, as investors have positive expectations about Greek debt negotiations, although the excess oil output proceeded to constrain oil prices. On NYMEX, WTI futures for July climbed 1% to $60.30 a barrel, while Brent crude for August delivery grew 0.7%, reaching $63.47 per barrel.

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