Oil futures finish higher, but below $84 a barrel

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MarketWatch

Crude futures finished higher Monday, finding some support after sustaining hefty losses last week, but weak economic data from the United States and China, along with mounting euro-zone worries helped to keep prices under $84 a barrel. “It looks like we’re seeing some bargain-hunting coming into the market, which is natural” given that prices fell 8.4% last week and dropped by around 17% in May, according to Matt Smith, an analyst with Summit Energy.

Read the article on MarketWatch.com

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