OIL FUTURES: Crude Remains Supported By Positive US Econ Data - Wall Street Journal

SINGAPORE (Dow Jones)--Crude oil prices in Asia rose Monday, tracking higher regional equity markets and a weaker U.S. dollar, after positive economic data from the U.S. last week improved the outlook for oil demand.

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Although oil and equity markets have risen together in the past weeks, one isn't necessarily driving the other, said John Vautrain, energy analyst at Purvin & Gertz in Singapore. Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up.

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