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Crude oil still trading below $50 a barrel. 

Top Daily News


Crude oil still trading below $50 a barrel. Oil settled a few cents higher on Friday.  Recent data shows a large increase in the number of active U.S. oil rigs, implying the potential for a further climb in domestic crude production.

The U.S. dollar was flat against its major rivals on Monday. U.K. government signaled that it would began the process of leaving the EU later this month.