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Crude Oil Up Slightly

Crude oil futures were flat Monday as many traders were away from their desks in observation of Columbus Day in the U.S.

WTI light sweet crude oil was up 14 cents at $49.40 a barrel, trimming last week's losses.

Analysts say OPEC is pressuring Russia to extend their supply quota agreement in hopes of getting oil to stay above $50.

by RTT Staff Writer

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