Oil near flat; trade worries, rising output weigh | Reuters:
Oil prices were near flat on Monday, pausing after last week’s substantial gains as a committee monitoring a deal between OPEC and non-OPEC producers saw production increasing and a U.S.-China trade war also weighed on sentiment.
Brent crude LCOc1 futures rose 24 cents to $76.06 a barrel by 1:05 p.m. EDT (1705 GMT).
U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 9 cents to $68.81 a barrel.
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