Oil prices rise on forecasts for growing demand, OPEC concerns


By Scott DiSavinoNEW YORK (Reuters) - Crude prices rose on Monday along with the U.S. stock market on forecasts for robust oil demand growth and concerns OPEC will not be able to increase its production capacity.Brent futures were up $1.33, or 2.1 percent, at $65.70 a barrel by 11:55 a.m.

EST (1655 GMT), while U.S. West Texas Intermediate crude futures were up $1.40, or 2.3 percent, at $62.65.Oil prices, which were flat earlier in the day, started rising at about the same time as stocks on the S&P 500 Index at around 10:15 a.m., two energy traders.....

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