Reuters: Money News: Brent climbs above $106 as steep slump prompts investors to buy

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Brent climbs above $106 as steep slump prompts investors to buy Nov 4th 2013, 06:21 SINGAPORE (Reuters) - Brent futures rose above $106 a barrel on Monday as investors locked in fresh positions after the previous session's steep fall, but prices could weaken amid expectations the U.S. Federal Reserve will scale back its monetary stimulus.

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