OIL FUTURES: Crude Slightly Higher In Asia As Dollar Weakens - Wall Street Journal

SYDNEY (Dow Jones)--A weakening dollar helped push crude oil futures into positive territory in Asia Monday, but technical charts indicate that gains will be temporary and the near-term market trend is downward.

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On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $78.85 a barrel at 0640 GMT, up 17 cents in the Globex electronic session. December Brent crude on London's ICE Futures exchange was 15 cents higher at $77.41 a barrel. 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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