OIL PRICES FALL ON MONDAY

Washington, – Oil price dipped on Monday on worries about global oversupply of oil. US West Texas Intermediate crude futures fell 5 cents to $50.55 a barrel after settling 25 cents higher in the previous session. International benchmark Brent futures s…

Washington, – Oil price dipped on Monday on worries about global oversupply of oil.

US West Texas Intermediate crude futures fell 5 cents to $50.55 a barrel after settling 25 cents higher in the previous session.

International benchmark Brent futures slipped 11 cents to $53.42 a barrel.

The March contract closed the previous session down 13 cents at $52.83 a barrel. (QNA)

Source: Qatar News Agency