Oil prices extended last week’s losses and traded lower early on Monday, weighed down by lingering concerns about demand amid economic growth worries. As of 7:08 a.m. EDT on Monday, the U.S. benchmark, WTI Crude, was trading down by 0.31% at $77.60. The international benchmark, Brent Crude, was down by 0.
42% on the day at $81.30. Oil continued the drop from last week, which was the first week in five to see a weekly decline in prices, as concerns about demand resurfaced despite data from China showing better-than-expected…Oil Prices Down Slightly As Economic Worries Weigh On Demand
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