Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as colder weather spurred buying while further support came from expectations of tighter sanctions on Iranian and Russian oil exports.
Brent crude futures lost 33 cents, or 0.4%, to $76.18 a barrel by 0950 GMT, their highest since Oct. 14.
U.S. West Texas Intermediate crude was down 35 cents, or 0.5%, at $73.61, also the highest level since Oct. 14.
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