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Singapore, October 26 (QNA) – Oil prices fell on Monday after rallying late last week to levels near six-month highs, as concerns over supply persisted.
West Texas Intermediate (WTI) crude futures fell by $2.14, or 2.07%, to $101.13 a barrel, while Brent crude futures declined by $2.12, or 1.82%, to $114.60 a barrel.
Both benchmarks had gained around $3 at the close of trading on Friday. Brent posted a weekly gain of 6%, while WTI crude rose 2.3%. (QNA)
