Global oil prices fell on Monday, reversing last week's gains as doubts about China's economy overshadowed OPEC+ production cuts and a reduction in the number of oil and gas rigs operating in the United States for the seventh consecutive week.
Brent crude fell $1.16 to trade at $75.45 a barrel, while U.S. West Texas Intermediate crude fell $1.07 to $70.71. Last week, Brent gained 2.4 percent and WTI crude rose 2.3 percent.
Source (Al-Arabiya.net Website, Edited)
