LONDON—Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last week about 6 percent higher on Middle East tensions and as refining outages squeezed refined products markets.
Brent crude futures were down 82 cents, or about 1 percent, at $81.37 a barrel, while U.S. West Texas Intermediate crude futures slipped 74 cents, also about 1 percent, to $76.1 a barrel at 1022 GMT.
