BEIJING (Reuters) – Oil futures rose more than $1 in early trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker than expected U.S. jobs data on Friday.
West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel by 0146 GMT. Brent crude futures were up 99 cents, or 1.39%, to $72.05 a barrel.
(Reporting by Colleen Howe; Editing by Tom Hogue)
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