Oil hovers near $69 as traders eye US economy - Washington Post

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-- Oil prices hovered near $69 a barrel Monday as traders looked to macroeconomic indicators due later this week for signs of improvement in the U.S. economy. By midday in Europe, benchmark crude for August delivery was up 39 cents to $69.55 a barrel in electronic trading on the New York Mercantile Exchange. On Friday, it fell $1.07 to settle at $69.16.

Full Story: Oil hovers near $69 as traders eye US economy - Washington Post