Oil prices rose to near $73 a barrel Tuesday, helped by strong gains in stock markets and the euro. By early afternoon in Europe, benchmark crude for August delivery was up 76 cents to $72.90 a barrel in electronic trading on the New York Mercantile Exchange. The contract last settled on Friday, losing 81 cents to $72.14. U.S. markets were closed Monday for the Fourth of July holiday but were expected to rise on the open Tuesday. Stocks in Europe and Asia rose while the euro advanced to $1.2578...
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