The price of oil on world commodity exchanges was moving in different directions on Monday with the price of a August futures contract for WTI light sweet crude in electronic trading on Nymex up 74 cents to $94.00 a barrel by 7:00 Moscow time. Meanwhile, the price of a August futures contract for North Sea Brent blend was off 35 cents to $111.34 in London.
The day before, August WTI contracts rose 25 cents to $93.26 a barrel, while August Brent contracts declined $1.52 cents to $111.69.
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