West Texas Intermediate oil and Brent Crude were above $60 after OPEC said it expects higher oil demand this year.
Last week's selloff took oil off its 2018 highs.
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West Texas Intermediate crude oil is back above $60 a barrel after last week's selloff sent below that level for the first time this year. WTI dipped to nearly $58 last week from a high of $66 on January 25, but Monday's gain of 1.76%, which came after OPEC...