Crude Futures Range Bound; Demand Recovery Falters | By Liubov Georges , DTN Energy Reporter

WASHINGTON (DTN) — After trading in narrow ranges for most of the session, West Texas Intermediate crude futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange pushed higher late Monday afternoon, buoyed by a free fall in the U.S. dollar and prospects of a new massive stimulus bill set to be revealed by Senate Republicans at 4:30 p.m. EDT. RBOB futures, however, remained under pressure from a resurgent pandemic in parts of the United States and now the European Union.
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