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Futures Movers: Oil prices dip, but hold around a 3-year high, as dollar slips

Oil prices started the week slightly lower Monday, pressured by a rising U.S. rig count, even as the price of crude continues to hover near record three-year highs.

Brent crude LCOH8, -0.04% , the global benchmark, was down 0.2% at $69.73 a barrel, on London’s Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures CLG8, +0.17% were trading down 0.1%, at $64.24 a barrel.

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Baker Hughes said late Friday that the number of rigs drilling for oil in the U.S. last week rose by 10 to 757.

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