Oil rose above 87 a barrel in the international markets, however the bearish trend is also witnessed due to profit taking.In Singapore, light sweet crude oil for May delivery fell by 20 cents to $86.42 cents.London Brent North May delivery settled at $85.61cents with a decrease of 27 cents. According to analysts, fall in dollar and improvement in economy globally caused rise in the prices of oil and other commodities.
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