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Oil futures rose on Monday, exceeding $120.
Brent crude rose 68 cents, or 0.6 percent, to $120.40 a barrel, following touching an intraday high of $121.95 a barrel.
US West Texas Intermediate crude futures rose 61 cents, or 0.5%, to $119.48 a barrel, following earlier hitting a three-month high of $120.99 a barrel.
