On January 2, oil prices eased after hitting mid-2015 highs in early trading, Reuters reported, noting that it was the first time since January 2014 that the two crude oil benchmarks opened the year above $60 per barrel, boosted by protests in Iran and ongoing supply cuts led by the Organization of Petroleum Exporting Countries (OPEC) and Russia.

WTI crude futures CLc1 traded 20 cents lower at around $60.22 a barrel by 11:34 a.m. EST (1634 GMT). In early trading WTI hit $60.74, the highest si...

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