WTI crude oil prices traded higher Monday amid favorable risk sentiment on a Biden-win election outcome and a weaker US Dollar. The outlook for demand remained a major drag to energy prices however.

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WTI crude oil prices traded higher Monday amid favorable risk sentiment on a Biden-win election outcome and a weaker US Dollar. The outlook for demand remained a major drag to energy prices however.

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WTI crude oil prices traded 2.8% higher on Monday amid favorable risk sentiment on a Biden-win election outcome, weaker US Dollar. Demand outlook remained a major drag to energy prices.

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The US Dollar tumbled against ASEAN currencies as Joe Biden accumulated votes against Donald Trump . Emerging market assets soared, sinking USD/SGD, USD/PHP, USD/IDR and USD/PHP.

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The US Dollar tumbled against ASEAN currencies as Joe Biden accumulated votes against Donald Trump . Emerging market assets soared, sinking USD/SGD, USD/PHP, USD/IDR and USD/PHP.

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