Oil prices fell nearly 5 percent as concerns about the possibility of ratifying a U.S. debt ceiling deal undermined risk appetite, while mixed messages from major oil producers cast a shadow oversupply expectations ahead of their meeting days later.
Brent crude futures fell $3.71, or 4.81 percent, to $73.37 a barrel. U.S. West Texas Intermediate crude fell $3.4 to $69.27 a barrel, down 4.7 percent from Friday's close.
Source (Al-Arabiya.net Website, Edited)
