Oil prices fell for a second straight session on Monday, weighed down by a stronger dollar if expectations of a U.S. interest rate cut were postponed following strong jobs data on Friday.
Brent and West Texas Intermediate crude futures fell 4 cents to $79.58 and $75.49 a barrel, respectively.
Data on Friday showed the number of new jobs in the United States was more than expected last month, prompting investors to trim interest rate cut expectations and sending the dollar higher.
Source (CNBC Arabia website)
