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Futures Movers: Oil rally resumes with Brent crude trading above $85 a barrel

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Oil futures kicked off the week with solid gains Monday, pushing Brent crude above $85 a barrel and within striking distance of its 2018 high as concerns over tight supplies show no signs of abating.

“It would seem that today’s advances are reflecting positive seasonality for energy prices with winter approaching,” Colin Cieszynski, chief market strategist at SIA Wealth Management. “As temperatures start to drop investors may be thinking about heating demand, particularly in Europe where there have been questions about energy…

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