Oil prices opened firmly on Monday, with Brent hovering close its highest in nearly four years ahead of US sanctions against Iran that kick in next month.
Brent crude oil futures were trading at $83.04 per barrel at 0057 GMT, up 31 cents, or 0.4 per cent, from their last close and near the $83.07 level reached during the last session - the highest since November 2014.
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