The price of oil on world commodity exchanges was growing Monday morning as investors reacted to news from the European summit on the debt crisis.
The price of a November futures contract for WTI light sweet crude in electronic trading on Nymex was up 52 cents to $87.92 a barrel by 8:00 Moscow time. The price of a November futures contract for North Sea Brent blend was up 54 cents to $110.10 in London.
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