US crude oil for July delivery rose to US$74.4, while London Brent crude settled at US$74.6 amid lackluster trade, as public holidays kept the markets in USA and UK closed on Monday. The euro saw a moodest rise vs the dollar, and markets in Asia and Europe edged higher, but remained under pressure following Fitch's downgrade of Spain's credit rating.
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Tuesday, June 01, 2010
Oil sees biggest monthly loss in 18 months on European crisis
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