SINGAPORE (AP) — Oil prices hovered above $94 a barrel Monday in Asia after Greek leaders agreed to a coalition government that will likely approve an European Union-led bailout package.
Benchmark crude for December delivery was up 5 cents at $94.31 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 19 cents to settle at $94.26 in New York on Friday.
Brent crude was up 53 cents at $112.50 a barrel on the ICE Futures Exchange in London.
Greece's embattled prime minister and main opposition leader agreed Sunday to form an interim government to ensure the country's new European debt deal, capping a week of …
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