Oil prices declined more than 1 percent on Monday as concerns about China’s faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts.
Brent crude futures fell $1.07, or 1.2 percent, to $85.74 a barrel by 0631 GMT while U.S. West Texas Intermediate crude was at $82.12 a barrel, down 1.3 percent.
