Oil prices fall as recession fears trump tight supply
Oil prices fell on Monday, continuing last week’s losses. As concerns about slowing global economic growth overshadowed supply shortages. Brent crude futures were down 50 cents, or 0.44%, at $112.62 a barrel at 1429 GMT. The previous month’s prices fell 7.3% last week for their first weekly drop in five. U.S. West Texas Intermediate crude […]